Market Trends

BTC follows the surge of the U.S. stock market, with altcoins rising broadly.

The U.S. stock market experiences a massive surge, achieving the largest single-day gain in the past 17 years. Short-term bearish factors have dissipated, and Trump has suspended tariffs for 90 days, only increasing tariffs on China by 125%.

Market Highlights:

1. Major public chains like SOL, ETH, and Layer have rebounded significantly. The Trump family fund sold ETH. Hardware-accelerated Layer hits a new high.

2. The meme coin Fartcoin and RFC on the SOL chain have surged. Fartcoin is a leading player in this rebound, with a giant whale buying in at 200,000. RFC has been reported by CCTV and is associated with Elon Musk.

3. Babylon listed on BN, BTC staking protocols.

4. Prompt listed on OK, AI infrastructure on the blockchain.