Market dynamics on July 26: The U.S. second quarter GDP data exceeded expectations, which is not conducive to interest rate cuts
I. Market Trends:
1. BTC rebounds after a decline, with altcoins mixed in performance.
2. U.S stocks fall as the second quarter GDP data exceeds expectations, which is unfavorable for interest rate cuts.
II. Market Highlights:
1. CVP, IRIS, HARD, CTXC, AKRO, EPX and others have seen significant increases. Junk coins tend to pump before being delisted to trap investors in one last wave; this also reflects a lack of market hotspots.
2. The weekly line of BTC ecosystem SATS breaks through. The bottom volume of SATS has completed the change of dealers and it has appeared on the gainers list multiple times recently; it is the overall leader in this round of rebound.
3. AURA from Solana's ecosystem surges significantly with a market value of 50 million USD; it's an eccentric cat meme similar in style to previous harrypotterbitcoin - Ansem bought into AURA.
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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