Market dynamics on July 17: The market continues to rise, Trump intends to cut interest rates again after the election and retain Powell's position
I. Market Dynamics
1. The market continues to rise, and the compensation for Mentougou will be credited after 7 days.
2. U.S stocks are rising, with June economic data better than expected. Trump hopes to cut interest rates again after the November election and will retain Powell's position at that time.
II. Market Focus
1. AI's WLD and AR rebounded. The lock-up period of some tokens from the WLD team has been extended, reducing the unlock volume by 40%. Yesterday, WLD had an annualized short-selling fee rate of 125%.
2. Bankruptcy series FTT, LUNC, USTC bounced back. FTX reached a settlement with the US government; subsequent FTX compensation will improve SOL counterfeit liquidity.
3. The Cosmos ecosystem’s DYM, SAGA, INJ have overcorrected and rebounded.COSMOS is one of this year's worst-performing ecosystems.
4. Political coin FIGHT surged 200 times in three days; its market value on Gate exchange reached $70 million USD.Ethereum coins still have more affection than Solana coins.
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.
You may also like

Is ADA the Sleeper Pick for the Next Bull Run? Hoskinson’s $250K BTC Forecast Says Yes
Hoskinson predicts that rate cuts and the stabilization of the recent tariff war will send the crypto market much higher.

$3 Billion XRP Volume Spike – What Do Whales Know That You Don’t?
XRP could be primed for a breakout above its recent downtrend. Here's how high it could go.

Bitcoin traders target $90K as apparent tariff exemptions ease US Treasury yields
Bitcoin bulls predict a rally to $90,000 if Treasury yields continue to fall alongside the Trump administration’s adjustments to its current tariff policy.

Trending news
MoreCrypto prices
More








