Recently, the cryptocurrency market has experienced a series of significant events, drawing widespread attention from investors. First, the latest non-farm payroll data was below market expectations, coupled with renewed tensions in trade relations, leading to a noticeable correction in the prices of major cryptocurrencies. Bitcoin fell to $111,500, Ethereum dropped to $3,350, Solana dipped to $156, and Binance Coin declined to $730.



At the same time, the field of artificial intelligence has also sparked a new wave of enthusiasm. Several AI-related token projects have received official certification, triggering a strong market response, with some token prices even experiencing a 2 to 3 times increase. Among them, a video generation AI project has achieved an astonishing 96 times increase, showcasing investors' enthusiasm for AI technology.

In terms of the macroeconomy, market expectations regarding the Federal Reserve's policy have changed significantly. Investors generally believe that a rate cut may come in September, with the probability of this expectation rising to 82.6%, reflecting concerns about the economic outlook.

On the other hand, a shocking incident has occurred in the cryptocurrency community. The statue of Satoshi Nakamoto by Lake Lugano in Switzerland has been vandalized, with several fragments found scattered in the lake and along the shore. Local officials have offered a reward of 0.1 Bit for information, hoping to uncover the truth as soon as possible.

Finally, speculative behavior on cryptocurrency trading platforms remains active. Some investors, after experiencing liquidation, are still undeterred and open long positions again with 40x leverage, showcasing the high-risk characteristics of the market.

This series of events highlights the complexity and uncertainty of the cryptocurrency market, and investors need to remain cautious and stay alert to market trends.
BTC1.98%
ETH5.71%
BNB1.92%
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DecentralizeMevip
· 08-06 16:02
Cut Loss ran away
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blockBoyvip
· 08-05 13:05
Dare to open a 40x long order, it seems it will turn to ashes.
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GweiWatchervip
· 08-04 09:28
Let's talk after we win big.
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