Bitcoin continues to fluctuate, while altcoin markets are gradually rising. Bitcoin's dominance rate has broken through on the weekly chart, and the ETH/BTC exchange rate has broken through on the monthly chart. The market's main focus is on compliance and real returns. U.S. stocks are rising in sync, and in news, the White House claims it will soon fire Powell. Additionally, ETH, MicroStrategy, sBet, and stablecoin issuer Circle are all performing strongly with significant gains.
Market Highlights:
1. The public chain ETH leads the rally, with the ETH/BTC exchange rate breaking through on the monthly chart; under the stablecoin concept, tokens like crv and cvx have surged. The meme coin spx on the ETH chain has reached a new high, with the trader Murad making a windfall of $60 million.
2. The Solana chain meme coin launch platform bonk has surged, while pump has plummeted, with their revenue scales now nearly equal. The bonk meme coin ani is performing strongly, and Elon Musk's account has mentioned this token multiple times, attracting market attention.
3. Previously weak projects like floki, bome, cati, and meme are experiencing a rebound, with active speculation on on-chain dog coins. Current market sentiment is at a high level, and potential risks should be monitored.
4. Binance has launched Caldera (ERA), a project that is an L2 rollup deployment platform, with a total financing amount of $25 million.
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