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BitMart Weekly Market Report (August 18-24)Recommended Articles | Bee Network

BitMart Weekly Market Report (August 18-24)Recommended Articles | Bee Network Login 热门新闻 备忘录启动板 人工智能代理 德西 TopChainExplorer 给 Newbee 100 倍金币 蜜蜂游戏 重要网站 必备应用程序 加密货币名人 德平 新手必备 陷阱探测器 基本工具 高级网站 交流 NFT 工具 你好、, 签出 Web3 宇宙 游戏 DApp 蜂巢 成长平台 生态 搜索 英语 充值金币 登录 下载 Web3 大学 游戏 DApp 蜂巢 生态 分析•正文 BitMart Weekly Market Report (August 18-24)Recommended Articles分析6 年前更新怀亚特 24,872 15

Crypto market dynamics this week Last week (August 18-24), BTC ETFs saw a net outflow of $1.178 billion. Throughout the week, BTC remained in a narrow range. Following Powell’s dovish comments, the market briefly surged, but fell back to its initial high over the weekend. BTC’s current market share is currently at 57.2%, a figure that has declined further, indicating that more altcoins are experiencing rapid market capitalization growth.

Last week, ETH ETFs saw a net outflow of $240 million, breaking their 11-week streak of net inflows. In the first three business days of the week, ETH ETFs saw outflows totaling $870 million, but received inflows totaling $630 million on Thursday and Friday. During this period, ETH outperformed BTC. Amidst this strong inflow, ETH continued its upward trajectory, reaching a record high of $4,956 over the weekend before reversing course early Monday. ETH’s market share currently stands at 14.5%, and the ETH/BTC exchange rate is currently at 0.042, maintaining its strong performance.

This week’s popular currencies Among popular 加密currencies, SOL, OKB, BIO, MEME, and PROMPT all performed well. SOL saw a 11.63% price increase this week, reaching a high of 213.01 USDT. OKB saw a 66.76% price increase, with a 24-hour trading volume of 2.55 million. BIO and PROMPT saw increases of 87.85% and 173.67%, respectively. MEME saw a 100.93% price increase, with a 24-hour trading volume of 130.45 billion.

U.S. market and hot news Last week, US stocks saw a mixed performance: the Dow Jones Industrial Average rose approximately 1.5%, reaching a new high for the year; the S&P 500 edged up approximately 0.3%; and the Nasdaq Composite Index fell approximately 0.6%. This was helped by Federal Reserve Chairman Powell’s dovish tone at the Jackson Hole symposium, which heightened market expectations for a September rate cut. However, profit-taking in large technology stocks weighed on the Nasdaq.

At 20:30 on the evening of August 28, the United States announced the revised annualized quarterly rate of real GDP in the second quarter.

Bitcoin Asia in Hong Kong will be held from August 28 to 29, with Eric Trump set to speak.

Unlock popular sections and projects Desci Section Last week, the DeSci sector saw an overall gain of approximately 7.7%, reaching a market capitalization of approximately $799 million, making it a popular sector. This positive development was primarily driven by Bio Protocol (BIO), which saw significant growth in both trading volume and price, driving a concentrated influx of capital and buzz. Furthermore, DeSci was named the “hottest sector of the week” by multiple market platforms, attracting investor attention to the potential of integrating scientific research with blockchain.

Jupiter (JUP) unlocked approximately 53.47 million tokens on August 28, valued at approximately $27.1 million.

Kamino (KMNO) unlocked approximately 229 million tokens on August 30, valued at approximately $13.3 million.

风险警告: Use of BitMart services is entirely at your own risk. All cryptocurrency investments (including returns) are inherently highly speculative and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results.

The value of digital currencies may rise or fall, and buying, selling, holding, or trading digital currencies may involve significant risks. You should carefully consider whether trading or holding digital currencies is appropriate for you based on your personal investment objectives, financial situation, and risk tolerance. BitMart does not provide any investment, legal, or tax advice.

本文来源于互联网: BitMart Weekly Market Report (August 18-24)Recommended Articles

Related: Crypto giant Galaxy launches its first tokenized stock, GLXY, and partners with Compound founder to break through the RW By Wenser ( @wenser 2010 ) Stock tokenization is seen as a revolution in the traditional financial system initiated by the cryptocurrency industry, aiming to extend crypto’s reach into the stock market and gradually reshape its trading rules. Following the promotion of US stock tokenization by platforms like Robinhood and xStocks, some publicly listed companies have also begun to actively embrace this trend. 市场 news on the evening of August 5th revealed that Galaxy Digital, a US-listed crypto giant, plans to issue tokenized stock GLXY and has signed a partnership agreement with Robert Leshner’s Superstate for an RWA (Real World Asset) platform. Odaily Planet Daily provides a brief analysis of this development below for your reference. The U.S. stock tokenization track has changed: when crypto giants choose to “revolutionize themselves”…

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