GM20250618

1) Market Trends

BTC plummets, altcoins generally drop. The market lacks hotspots.

US stocks decline. The Middle East war escalates, and US military may officially intervene.

2) Market Hotspots:

1. SPX on BN. SPX is a split market of MakerDAO, a clone of the lending protocol Aave, with a generally average fundamental mainly due to a large number of yield farmers.

2. Public chain ETH drops sharply, along with ETH-related projects like Hype, Virtual, SPX, etc.

3. BSC chain AB surges, with a market cap reaching $1.5 billion. Market rumors suggest it is a Chinese initiative, with over 30 leaders from various countries publicly supporting it.