Market dynamics on June 6: BTC continues to fluctuate, altcoins generally rise

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Bitget2024/06/06 02:34

I. Market Dynamics

1. BTC fluctuates, altcoins generally rise. Spot ETFs have a large inflow of 900 million USD, the highest in the past three months.

2. U.S stocks surge to new highs, employment data increases the probability of a rate cut in September to 70%. Canada becomes the first G7 country to cut interest rates.

II. Market Focus

1. Bn series BB, BURGER, WHY surged significantly.

2. PoW's KAS rises to a new high. KAS will launch KRC20, similar to ERC20 standard and plans to issue many Memes in future . It is necessary to download the wallet - Kaspium Wallet in advance.

3. The performance of ETH L2's Taiko coin issuance is average and it has been listed on exchanges.Taiko has a market value of 25 billion USD; it is a project by Chinese nationals with fewer previous air drops.

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.

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