📈Daily Market Review📉
🔸Overview:
On July 26, crypto market remained volatile. An independent miner earned a significant block reward. ETH ETFs saw substantial outflows. The rune market had mixed results, and technical advancements were made on the BTC chain
🔸Daily Macro:
BTC Market:
An independent miner using a Bitaxe device mined block 853742, earning 3.192 BTC
🔸ETH ETF:
Grayscale's ETHE saw a $346m outflow on the 3rd trading day.
🔸Macroeconomic Data:
The Fed is expected to keep interest rates unchanged in July
Stablecoin market cap surpassed $164B
🔸Other Macro Information:
Marathon Digital purchased $100m worth of BTC.
A Kraken survey showed US investors believe crypto have greater growth potential than traditional investments.
🔸Ethereum ETF Outflows:
Grayscale's ETHE saw large outflows, reflecting investor caution. ETH may face short-term pressure
🔸Next Focus:
Rune Market Development:
Xverse wallet integrates rune Swap, and frucksBTC collection announces $WTF airdrop
Full review: 👉HERE👈
🔸Overview:
On July 26, crypto market remained volatile. An independent miner earned a significant block reward. ETH ETFs saw substantial outflows. The rune market had mixed results, and technical advancements were made on the BTC chain
🔸Daily Macro:
BTC Market:
An independent miner using a Bitaxe device mined block 853742, earning 3.192 BTC
🔸ETH ETF:
Grayscale's ETHE saw a $346m outflow on the 3rd trading day.
🔸Macroeconomic Data:
The Fed is expected to keep interest rates unchanged in July
Stablecoin market cap surpassed $164B
🔸Other Macro Information:
Marathon Digital purchased $100m worth of BTC.
A Kraken survey showed US investors believe crypto have greater growth potential than traditional investments.
🔸Ethereum ETF Outflows:
Grayscale's ETHE saw large outflows, reflecting investor caution. ETH may face short-term pressure
🔸Next Focus:
Rune Market Development:
Xverse wallet integrates rune Swap, and frucksBTC collection announces $WTF airdrop
Full review: 👉HERE👈
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