2025/3/24 Cryptocurrency Market Hotspot Summary 🚨
BNB chain's popularity has cooled, SOL is launching a counterattack, and the overall market has seen a slight increase. Japan's 'MicroStrategy' has once again purchased BTC.
Mainstream Market 📈
1: #BTC Fluctuating upwards, continuing to hover around the $85,000 position with fluctuations maintaining a $2,000 range above and below, with $87,000 above and $85,000 below. The market continues to wait for today's U.S. stock market opening for trends, as Bitcoin ETF has maintained a continuous net inflow since last week.
2: #ETH Ethereum occasionally shows some independent signals, but none have continuity, with prices oscillating between $1,950 and $2,050. Notably, the earliest application for Ethereum ETF staking was submitted by 21Shares on February 12, and the SEC needs to provide approval within 45 days (which could possibly be extended to 90 days), and March 30 is the last day within the 45-day period.
3: Altcoins BNB chain's MEME market has temporarily cooled, particularly noteworthy is the #UUU insider trading incident which has had a very bad impact. Binance has already launched an internal investigation, and the final handling results are still unknown. However, the speed at which the situation is unfolding, in the backdrop of rampant insider trading, has caused the BNB chain's popularity, which had just heated up for a few days, to cool down significantly. Recent statements from @heyibinance and @cz_binance have also been relatively cautious. In contrast, the SOL chain has seen some warming, with #Routine briefly reaching 20M. Community feedback indicates that people believe the MEME PVP difficulty on SOL is slightly lower.
Hot Events 🔥
1: @Metaplanet continues to purchase 150 BTC (valued at $12.9 million), bringing the total holdings to 3,350 BTC.
2: Fidelity has submitted an application to the U.S. Securities and Exchange Commission for U.S. Treasury 'ONChain' on Ethereum, expecting this product to launch on May 30.
3: WLFI has again spent 3 million USDT to buy 3.54 million MNT, with a total expenditure of $346 million on 11 tokens, incurring a total loss of $111 million.
4: Trump posted on his social platform Truth, "I LOVE TRUMP —SO COOL !!" promoting Trump Coin.
🚦 The cryptocurrency market has not seen any major fluctuations over the weekend, with trading volume only maintaining at $50-60 billion. BTC's market share remains above 60%. The only hype seems to be around some 🍉. For these gossip topics, it's best to just observe; as long as no one buys in, it’s all for fun.