July 15 Market Dynamics: Trump's probability of winning the election rises to 70%, Trump concept tokens surge
I. Market Dynamics
1. The market is rising, and the short-term selling pressure in Germany has ended. BTC has started to rebound for about a week, but there is a lack of new narrative leaders, and it is highly likely to test the bottom again after the rebound.
2. U.S stocks are rising, with Trump's probability of winning the election increasing to 70%.
II. Market Focus
1. Trump-themed PEOPLE and FIGHT (ETH SOL chain) have surged significantly. With the end of Euro Cup, funds flow back into on-chain "Shiba Inu". However, due to compliance issues, politically themed "Shiba Inu" find it hard to make significant gains.
2. Bn delisted coin series such as MDX and BOND have seen major increases in value. The market lacks hot spots leading to speculative trading out of boredom.
3. MEME coins like PEPE, WIF, BILLY and BANANA(BOT) are bouncing back up again.The ones still leading this round are MEMEs without unlockable chips and old coins.
4.SOL ecosystem's SANCTUM will issue CLOUD tokens on 16th day; SANCTUM is SOL's top liquidity pledge platform.
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.
You may also like
5 Altcoins to Buy as Rising Yields Threaten a Crypto Sell-Off—and Washington Prepares Its Next Liquidity Lifeline
Lombard: GPIF's overweight position in Japanese bonds may trigger global carry trade unwinding; Banco Santander: GPIF may sell $62 billion in US Treasuries!
Lombard Global Macro Research pointed out that GPIF is currently or will soon accelerate the repatriation of funds into Japanese domestic bonds. This structural capital inflow will drive the USD/JPY below 150 and indicates a fair value range between 130 and 140. Furthermore, the risk of passive deleveraging in global carry trades has not yet been fully priced in by the market. Banco Santander noted that, due to the increased attractiveness of domestic Japanese assets under the current policy framework, GPIF may reduce its holdings of US Treasuries by up to $62 billion.
Overnight US Stocks | US August CPI accelerates upward, three major indices posted weekly losses, US crude oil surged nearly 10% this week
At market close, the Dow Jones Industrial Average rose 509.19 points, or 0.98%, to 52,573.29 points; the S&P 500 Index gained 65.28 points, or 0.86%, to 7,656.98 points; and the Nasdaq increased 251.32 points, or 0.96%, to 26,333.04 points.
Crypto prices
More
