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Market dynamics on July 25: Bitcoin price plummeted, the rebound failed to stabilize at the weekly line, and altcoins generally fell

Market dynamics on July 25: Bitcoin price plummeted, the rebound failed to stabilize at the weekly line, and altcoins generally fell

Bitget2024/07/25 02:30

I. Market Dynamics

1. BTC has plummeted, and this rebound failed to stabilize on the weekly line. Altcoins generally fell.

2. The U.S stock market crashed below its weekly position, marking the largest drop in a year. There is uncertainty in the market before the election, with increases often occurring after the election.

II. Market Focus

1. Public chain SOL rose, and its ecosystem JTO, RAY, JUP etc., followed suit. SOL is one of the best public chains fundamentally.

2. SATS and CKB from BTC's ecosystem rebounded. The BTC conference will be held this week.

3. Political tokens HARRIS and KAMA surged several times over their value . HARRIS's MEME market cap is significantly smaller than TRUMP's MEME market cap.

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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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