Is the Trump effect in the crypto market gradually fading? Bitcoin fell to a low of $63,230.9 in the early morning, and is now sideways around 64,000 points, with shrinking trading volume. The trend of the crypto market seems to be kidnapped by the US election.
Especially next week, Trump will speak at the Bitcoin Conference. The biggest focus is still the shooting of Trump. Analysts from some institutions believe that the current shrinking volume of Bitcoin will also open up room for Trump's speech next week. At that time, Bitcoin will break through the 70,000 US dollar integer mark. Ethereum has good expectations that the spot ETF will be approved for listing and trading on July 23, and its trend is relatively strong.
GAL, which ranked first in the gain list yesterday, is now ranked first in the loss list. WLD, which played tricks and deceived a large number of people, is now ranked third in the loss list. After the "Sun Ge" coin was delisted yesterday, it seems that it can't be found on Binance now. Although the news of Mt. Gox Bitcoin compensation has been frequent, the US spot Bitcoin ETF has had capital inflows for 9 consecutive trading days since July 5, as follows: 143.1 million US dollars on July 5;
294.9 million US dollars on July 8;
216.33 million US dollars on July 9;
147.37 million US dollars on July 10;
78.93 million US dollars on July 11;
310.21 million US dollars on July 12;
301.04 million US dollars on July 15;
422.67 million US dollars on July 16;
53.35 million US dollars on July 17.
For the current crypto market, the operation strategies of Bitcoin and Ethereum communities remain unchanged in the long term. For altcoins, focus on the popular sectors SOLana ecological tokens SOL, JTO, JUP, RAY, Ethereum meme ecological token PEPE, Defi sector's three giants AAVE, MKR, OM, storage sector's AR, election concept People. The most critical operation of altcoins is to avoid currencies that are frequently unlocked and have the risk of being delisted, KP92877 exchanges, ambush in advance and get there first.
