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June 27 Market Update: The market is declining, the U.S. government sells 4000 BTC

June 27 Market Update: The market is declining, the U.S. government sells 4000 BTC

Bitget2024/06/27 02:08

I. Market Dynamics

1. The market continues to decline, with the U.S. government continuously selling 4,000 BTC and still holding 210,000.

2. U.S stocks are rising, with the market focusing on inflation data this Friday. The dollar index is also rising.

II. Market Focus

1. L2's BLAST has been listed on exchanges with a market cap of $2.8 billion USD. BLAST is the originator of this round of point airdrop model, operated by Paradigm. The L2 narrative has been abandoned by the market.

2.Bn's new coin LISTA is rising in value.LISTA is BSC chain's decentralized algorithm stablecoin without any VC backing.

3.POW’s KAS surged significantly and it’s about to hit a record high.Kaspa chain will focus on developing Meme coins in future.U.S stock BTC mining companies have started mining KAS.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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