Market dynamics on August 28: BTC plummets, altcoins generally fall, rebound ends, investors focus on Nvidia's financial report
Market Overview
1. BTC plummeted, and altcoins followed suit. The rebound has ended, and the market continues its downward trend.
2. U.S. stocks are fluctuating as investors await Nvidia's earnings report.
Market Highlights
1. The TON public chain has rebounded, with the TON community launching a social campaign to attract users.
2. Meme coin PIZZA has surged, capitalizing on the hype surrounding UNISAT's release of fractal BTC.
3. The ETH public chain experienced a significant drop, underperforming the market. Vitalik Buterin's attempts to boost confidence have failed, while large holders and the Ethereum Foundation continue to reduce their positions.
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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