Cryptocurrency News
1. Bitcoin Rebounds: BTC is currently at $114,300, up 1.2% in the last 24 hours, boosted by expectations of a Federal Reserve interest rate cut, leading to a shift in market sentiment towards optimism.
2. Ethereum Stabilizes: ETH rises to $4,200, with the decline narrowing, on-chain data shows an increase in whale purchases.
3. Altcoins Active: SOL surges to $186, BNB breaks through $890, and the meme coin frenzy continues to heat up.
4. Macroeconomic Positive Factors: The Federal Reserve meeting minutes indicate an 85% chance of a rate cut in September, boosting confidence in the cryptocurrency market.
5. Market Dynamics: Total liquidations across the network drop to $200M, with a slight rebound in capital inflows.