🚨 Today's Crypto Hotspot Collection, Get Market Highlights in 1 Minute!
1. Mainstream cryptocurrencies are consolidating over the weekend, and liquidity risks should be taken seriously: #BTC , #ETH , #SOL The three major mainstream cryptocurrencies are maintaining a sideways consolidation trend, with no clear direction at present. Currently, it is the weekend, and liquidity in the crypto market typically decreases significantly, so it is essential to be cautious of sudden "spike" fluctuations in a low liquidity environment. It is advised to control positions in operations.
2、#XPL Breakthrough 1.64U, the payment chain narrative becomes a driving force. Logically, the narrative related to the USDT payment chain is becoming increasingly clear, and attention can be paid to the continued positive impact of project data on price.
3、#Aster retraced to 1.87U, revenue performance is impressive: Aster's price pulled back to 1.87U, but on-chain data shows strong performance. According to Defillama statistics, Aster's protocol revenue surged to approximately 16.09 million dollars in the past 24 hours, ranking second in the cryptocurrency revenue leaderboard — only behind Tether (22.18 million dollars), and the revenue scale is over 7 times that of Hyperliquid, highlighting its revenue capability.
4. Plasma chain MEME coin erupts, Trillions market value hits new high: The popularity of the Plasma ecosystem continues to rise, with its on-chain Meme coin Trillions once breaking through 47 million USD in market value, demonstrating a strong profit effect. The market perception of "Plasma turns stone into gold" is gradually forming. Future focus can continue on the two core ecological targets of Trillions and XPL.
5. Cook's Statement on Cryptocurrency, Institutional Recognition Increases: Apple CEO Tim Cook publicly stated that cryptocurrency "can serve as a reasonable holding in a diversified portfolio." As a positive evaluation from a tech giant executive, this remark further enhances the recognition of cryptocurrency in the traditional investment sector, benefiting industry penetration in the long run.
6. The probability of interest rate cuts in October has slightly decreased, with macro expectations making minor adjustments: The market's probability of the Federal Reserve cutting rates by 25 basis points in October has dropped from a previous high to 87.7%. Although it remains at a high level, the slight decline in probability reflects subtle adjustments in macro expectations, and attention should be paid to the subsequent economic data's further impact on rate cut expectations.
7. The Fear and Greed Index rises to 37, and the market is still in the fear zone: Today's cryptocurrency market Fear and Greed Index has risen to 37, which is an improvement compared to before, but it still remains in the "fear" zone, indicating that investor sentiment has not fully recovered, and the overall market mentality leans towards caution.
8. PYUSD Supply Surge, Linea Chain May Become a New Scenario: PayPal's stablecoin PYUSD has seen explosive growth in supply, with a net minting scale of 861 million USD in the past 7 days, exceeding expectations for ecosystem expansion. Additionally, reports indicate that PayPal may choose the Linea chain to conduct experiments in on-chain communication services, bringing potential incremental scenarios to the Linea ecosystem.
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🚨 Today's Crypto Hotspot Collection, Get Market Highlights in 1 Minute!
1. Mainstream cryptocurrencies are consolidating over the weekend, and liquidity risks should be taken seriously: #BTC , #ETH , #SOL The three major mainstream cryptocurrencies are maintaining a sideways consolidation trend, with no clear direction at present. Currently, it is the weekend, and liquidity in the crypto market typically decreases significantly, so it is essential to be cautious of sudden "spike" fluctuations in a low liquidity environment. It is advised to control positions in operations.
2、#XPL Breakthrough 1.64U, the payment chain narrative becomes a driving force. Logically, the narrative related to the USDT payment chain is becoming increasingly clear, and attention can be paid to the continued positive impact of project data on price.
3、#Aster retraced to 1.87U, revenue performance is impressive: Aster's price pulled back to 1.87U, but on-chain data shows strong performance. According to Defillama statistics, Aster's protocol revenue surged to approximately 16.09 million dollars in the past 24 hours, ranking second in the cryptocurrency revenue leaderboard — only behind Tether (22.18 million dollars), and the revenue scale is over 7 times that of Hyperliquid, highlighting its revenue capability.
4. Plasma chain MEME coin erupts, Trillions market value hits new high: The popularity of the Plasma ecosystem continues to rise, with its on-chain Meme coin Trillions once breaking through 47 million USD in market value, demonstrating a strong profit effect. The market perception of "Plasma turns stone into gold" is gradually forming. Future focus can continue on the two core ecological targets of Trillions and XPL.
5. Cook's Statement on Cryptocurrency, Institutional Recognition Increases: Apple CEO Tim Cook publicly stated that cryptocurrency "can serve as a reasonable holding in a diversified portfolio." As a positive evaluation from a tech giant executive, this remark further enhances the recognition of cryptocurrency in the traditional investment sector, benefiting industry penetration in the long run.
6. The probability of interest rate cuts in October has slightly decreased, with macro expectations making minor adjustments: The market's probability of the Federal Reserve cutting rates by 25 basis points in October has dropped from a previous high to 87.7%. Although it remains at a high level, the slight decline in probability reflects subtle adjustments in macro expectations, and attention should be paid to the subsequent economic data's further impact on rate cut expectations.
7. The Fear and Greed Index rises to 37, and the market is still in the fear zone: Today's cryptocurrency market Fear and Greed Index has risen to 37, which is an improvement compared to before, but it still remains in the "fear" zone, indicating that investor sentiment has not fully recovered, and the overall market mentality leans towards caution.
8. PYUSD Supply Surge, Linea Chain May Become a New Scenario: PayPal's stablecoin PYUSD has seen explosive growth in supply, with a net minting scale of 861 million USD in the past 7 days, exceeding expectations for ecosystem expansion. Additionally, reports indicate that PayPal may choose the Linea chain to conduct experiments in on-chain communication services, bringing potential incremental scenarios to the Linea ecosystem.