📈Daily Market Review📉
🔸Daily Macro:
🔹BTC Market: BTC is fluctuating around $60K. ETH hit $2,750 but is now consolidating after facing resistance.
🔹Bitcoin ETF: On Aug 14, $39M net inflow into U.S. Bitcoin spot ETFs.
🔹Ethereum ETF: On Aug 14, $25M net inflow into U.S. Ethereum spot ETFs.
🔹Macroeconomic Data: U.S. July PPI annual rate at 2.2%, below forecast. Monthly PPI rate at 0.1%, in line with forecasts. DXY dropped briefly, now at 102.6.
🔸Daily Focus:
🔹MKR: Grayscale’s MKR Trust announcement boosted MKR by 6%, now at $2,120.
🔹Market Outlook: Short-term boost likely from Grayscale's backing. Long-term performance depends on MakerDAO ecosystem development and potential NAV deviations.
🔸Next Focus:
🔹Pump . fun: Solana-based meme coin platform Pump . fun hit $94.37M in revenue, with $5.33M yesterday.
🔸How to Participate: Users can link wallets to join, but should research thoroughly and be cautious of KOL promotions.
Full review:👉HERE👈
🔸Daily Macro:
🔹BTC Market: BTC is fluctuating around $60K. ETH hit $2,750 but is now consolidating after facing resistance.
🔹Bitcoin ETF: On Aug 14, $39M net inflow into U.S. Bitcoin spot ETFs.
🔹Ethereum ETF: On Aug 14, $25M net inflow into U.S. Ethereum spot ETFs.
🔹Macroeconomic Data: U.S. July PPI annual rate at 2.2%, below forecast. Monthly PPI rate at 0.1%, in line with forecasts. DXY dropped briefly, now at 102.6.
🔸Daily Focus:
🔹MKR: Grayscale’s MKR Trust announcement boosted MKR by 6%, now at $2,120.
🔹Market Outlook: Short-term boost likely from Grayscale's backing. Long-term performance depends on MakerDAO ecosystem development and potential NAV deviations.
🔸Next Focus:
🔹Pump . fun: Solana-based meme coin platform Pump . fun hit $94.37M in revenue, with $5.33M yesterday.
🔸How to Participate: Users can link wallets to join, but should research thoroughly and be cautious of KOL promotions.
Full review:👉HERE👈
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