Market Trends
BTC fluctuates, altcoins generally decline. The market is likely to adjust as the main trend in the coming month.
U.S. stocks are volatile, gold is rising. U.S. economic data is weak, and Trump is urging for interest rate cuts. The market expects the Federal Reserve to cut rates twice this year.
Market Highlights:
1. Public chain ETH performs better than the market, with founder Vitalik Buterin repurchasing. Large institution BlackRock sells BTC and buys ETH.
2. New coin LA experiences extreme volatility, with contract prices on Gate deviating multiple times, leading to many liquidations. Lagrange is a cross-chain zero-knowledge proof processing protocol, listed on Coinbase.
3. BN Alpha launches ResolV, Cudis, and Fly. ResolV is a delta-neutral stablecoin protocol on the ETH chain. Cudis is a Solana-based crypto wearable application. Fly.trade is a rebranded trading aggregator, formerly known as Magpie Protocol.
