Market Dynamics on July 11: Rebound Nearing its End, Market Awaits CPI Data

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Bitget2024/07/11 02:22

By:Bitget

I. Market Dynamics

1. BTC is weakly fluctuating, and the rebound is nearing its end.

2. U.S stocks rise to a new high. Powell's dovish remarks have the market waiting for Thursday's CPI data.

II. Market Focus

1. The BTC ecosystem SATS, STX are oversold and rebounding. UNISAT plans to issue BTC L2.

2. Modular TIA, DYM are rebounding. A modular summit 3.0 will be held this week.

3. The Solana ecosystem's SANCTUM plans to airdrop CLOUD tokens on July 18th . SANCTUM is SOL's liquidity pledge protocol.

4. TONCOIN ecosystem’s DOGS airdrop event has taken place with each TON user receiving an average of 3000 DOGS; over one million people claimed them.

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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