24-hour Major Events in the Crypto Circle! 1-Minute Overview of Overnight Market丨September 24
✨Last night's compilation of explosive Crypto information, get the market focus in 1 minute!
1⃣ BTC, #ETH, and SOL remain weak. Last night, the three major U.S. stock indices fell, and crypto stocks broadly declined. The Fear & Greed Index has reverted to fear, and FOMO sentiment has further cooled.
2⃣ ASTER rose to 2.08, possibly due to the initiation of trading mining, with its daily protocol revenue exceeding 7 million U. ASTER has become a focal point in recent market trading and is worth paying attention to.
3⃣ FTT surged again after 3 days, simply because SBF's X account tweeted: GM. Note that SBF is in jail, and the content was posted by a friend, but it may have been authorized by SBF. There will definitely be more posts, so pay attention to the account.
4⃣ UXLINK continues to fluctuate, sometimes by 10%. No new news last night. UXLINK is completely a trade of information asymmetry.
5⃣ SIGN has pulled back after rising, due to CZ's "call out". Sign is an investment target of YZiLabs. CZ has been quite generous recently. However, the firepower is scattered and lacks sustainability.
6⃣ Tether is seeking to raise up to 20 billion dollars at a valuation of 500 billion dollars, which is comparable to OpenAI and SpaceX. Circle's market value is 30 billion dollars, it's really crazy.
7⃣ XPL's pre-market contract prices continue to fluctuate, and it will be launched on Binance Alpha on the 25th. Negative news has emerged from the XPL team, making the market more confusing.
8⃣ Analyst from Tom Lee's fund: Ethereum will not fall below 4000 dollars, and it is expected to rise to 5500 dollars. The market seems to be immune.
9⃣ Last night, Powell's speech was mostly positive, but one sentence about the stock market valuation being quite high poured cold water on the market. Trump also said: The U.S. is ready to implement a new round of strong tariffs. The market mocks: Can you two behave yourselves?
🔟 Good news from yesterday: The White House confirmed that the Bitcoin and cryptocurrency market structure bill will be signed into law by the end of this year.
