GM20241017
1) Market trend:
BTC continues to rise, and BTC dominance rate reaches 59%, a new high in this cycle. The market has priced in Trump's victory, and regulation is expected to be relaxed.
US stocks rose and set a new high.
2) Market hot spots:
1. Meme's bonk, doge, cheems, and goat rose. Bonk issued a new ETF. Cheems burned the pool. Goat is the leader of AI-generated memes, which has expanded to the base chain, and its market value continues to reach a new high of 300 million US dollars.
2. Defi lending RDT plummeted. 6000 WU was stolen by hackers on the BSC chain and the ARB chain, and the short-selling fee rate was as high as -0.7%.