Recently, the cryptocurrency market has shown a trend of diversification. The market capitalization of Bit (BTC) has demonstrated positive momentum, rising by 0.32% to 59.52%, while the altcoin index remains at a level of 42.



The stablecoin sector has also seen significant progress. On August 22, the total supply of stablecoins exceeded 385 million, with a net inflow of 5 million for USDT, and USDC even surpassed the 417 million mark. Currently, under the overall macro environment, the scale of stablecoins has reached 23.9045 billion, reflecting the market's ongoing demand for stable assets.

It is worth noting that despite the lack of data related to BlackRock, the Bitcoin ETF still attracted considerable capital inflow, reaching 67 million. At the same time, the Ethereum ETF has also regained favor with investors, with capital inflow reaching 54 million, indicating that investor confidence in mainstream encryption assets is recovering.

On the regulatory front, the U.S. Attorney General pressured Federal Reserve Chairman Powell to withdraw the relevant decision regarding Mark Cook, a move that could have potential implications for financial policy. Meanwhile, the U.S. and Europe reached a new agreement on trade issues, establishing a 15% base tariff, a decision that may have far-reaching effects on the global economic landscape.

The cryptocurrency exchange platform OKB has experienced significant price fluctuations. Under the influence of the Xu Mingxing incident, the price of OKB went through a process of rising and then falling, and it has now stabilized above the 240 mark, demonstrating strong market resilience.

Overall, the cryptocurrency market is undergoing complex changes, with various assets performing differently, the regulatory environment is constantly changing, and investors need to stay vigilant and closely monitor market trends.
BTC-2.53%
USDC-0.02%
ETH-1.35%
OKB-14.04%
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FlashLoanLordvip
· 08-24 19:24
The bottom has been reached, a bull market can be expected.
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rekt_but_resilientvip
· 08-24 06:08
The bull run is coming back.
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ChainComedianvip
· 08-24 04:48
The market will eventually turn to good luck.
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HashRatePhilosophervip
· 08-22 02:48
It still depends on whether BTC leads.
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LoneValidatorvip
· 08-22 02:47
The bull run has finally arrived.
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SybilSlayervip
· 08-22 02:45
Stablecoin is really great.
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TokenToastervip
· 08-22 02:40
All are rising, it's getting better.
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OnchainGossipervip
· 08-22 02:39
btc is stable now
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