It's really painful to see the decline of the altcoins. Bitcoin fell 5%, Ethereum fell 7%, SOL fell 9%, DOGE fell 11%, the altcoins plummeted, PEOPLE plummeted 33%, and ORDI.SATS hit a new low.

1: Some altcoins have reached the low point of the past two years, so such a weak new low is inevitable.

AEVO.ZK.YGG.BAKE.X.BIGTIME.W.SATS and others plummeted by about 20%, and BOME.METIS.ORDI.BSV.APE.NOT.AR.PEPE and others plummeted by about 15%. The altcoins fell sharply, but there was still no panic.

2: Today is the first Friday of July, non-agricultural data, the market has fallen for two consecutive days, and there is a high probability of bottoming out and rebounding today. In a mid-term adjustment in a bull market, Bitcoin has not fallen much, but many altcoins have fallen by as much as 80%, and some are more than 90%.

Inscriptions, AI, new coins, runes, and weak junk coins that have skyrocketed in the early stage are all the hardest hit areas.

In short, except for the four major mainstream coins, BNB, Ethereum, and SOL, the others are all in a terrible state.