Market Update: Beware the Traps. 🚀
1. **Market Overview**:
- **BTC**: Slight rebound after drop, mixed results in altcoins.
- **US Stocks**: Down due to better-than-expected Q2 GDP, hindering rate cuts.
2. **Hot Topics**:
- **Binance Watchlist**: CVP, IRIS, HARD, CTXC, AKRO, EPX surging. These garbage coins often spike before delisting, showing a lack of hot new trends.
- **BTC Ecosystem**: SATS breaking out, showing strong volume and leadership in the current rebound.
- **SOL Ecosystem**: AURA surging, with a market cap of 5000WU. It's a quirky meme coin gaining traction, similar to HarryPotterBitcoin. Influencer Ansem has bought in.