August 4, 2025
1. Market Trends
BTC rebounded after a sharp drop, altcoins followed suit.
U.S. stocks fell sharply, and employment data was revised down. The market expects two rate cuts this year, with a 76% probability of a rate cut in September.
2. Market Highlights:
1. Stablecoin concepts like CFX, ENA, RESOLV, CVX, etc. are rebounding. ENA will unlock $100 million on August 5, accounting for 3% of the circulating supply. The main focus of the market is still stablecoins.
2. Public chain IP rose against the trend, Grayscale issued a trust.
3. Base chain Zora rebounded; it is a SocialFi platform, with Coinbase backing it.
4. The meme troll surged, representing a conspiracy group.
$GM
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