🚀 8.21 Crypto Morning Report | Market Direction Focuses on Ethereum, Platform Tokens Surge Again
📌 Key Summary:
BTC continues to consolidate, direction depends on ETH trends.
ETH quickly rebounds after dropping below 4000, market sentiment fluctuates.
OKB surges over 400% in seven days, platform token popularity rises again.
📈 Market Overview:
1. BTC: Continues to consolidate, direction almost entirely relies on $ETH.
2. ETH: Rapid rebound after dropping below 4K, showing a typical 'many people, wrong direction' market.
3. SOL: Follows ETH trends, showing slight recovery.
4. OKB: Soars after the burn announcement, with a 7-day increase exceeding 400%, platform tokens once again demonstrate surging lessons.
🌍 Macroeconomic and Policy Dynamics:
5. UK industry organizations jointly call for a national stablecoin strategy, warning of falling behind the US.
6. Nasdaq delists Windtree Therapeutics (BNB Treasury Company) primarily due to compliance issues.
7. Senator Lummis states that the cryptocurrency bill must be completed by the end of the year, supporting the House version.
8. Fed minutes expect the unemployment rate to exceed the natural level by the end of 2025, and to remain so until 2027.
⚖️ Regulatory and Legal Progress:
9. Judge unfreezes $57.6 million USDC in the Libra case, questioning the plaintiff's chances of success.
10. Crypto advocacy groups jointly write to Trump, supporting Quintenz for CFTC Chair.
💡 Market and Institutional Trends:
11. Coinbase roadmap adds: AWE, DOLO, FLOCK, LAYER, SPX.
12. Arthur Hayes returns after being pardoned by Trump, investing in stem cell therapy and crypto treasury models.
