June 25 Market Update: Mentougou Exchange plans to repay about 10 billion USD in BTC in July
I. Market Dynamics
1. After breaking its weekly line, BTC has fallen back somewhat. The Mentougou Exchange plans to repay about $10 billion in BTC in July, half of which will be owned by retail investors. The ETH/BTC exchange rate has risen sharply, and altcoins have rebounded first without continuing to fall.
2. U.S stocks are down with Nvidia leading the decline.
II. Market Focus
1.The prices of Ethereum series such as LDO and MOG have surged significantly. The main focus of the market is still on speculative investment in Ethereum ETFs.
2.AI-related FET, AGIX, OCEAN and PHB prices have also increased significantly.FET, AGIX and OCEAN will undergo a coin swap operation on July 1st.
3.LISTA price soared.LISTA started a new round of mining activities yesterday.Bn as its parent company can more conveniently control the running situation of the disk surface.
4.Blast from L2 series is about to go live on secondary markets with an estimated off-market valuation reaching up to $3.5 billion dollars.
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.
