GM August 15, 2024

1. Market trend:

Bitcoin fell, altcoins fell across the board, and the market maintained a volatile and negative trend. The US government sold $600 million in BTC and currently holds $12 billion in BTC. US stocks fluctuated. The CPI in July was in line with expectations, but it was still high.

2. Market hot spots:

1. The public chain TON rebounded, and the ecosystem NOT followed suit. BN launched TON's launchpool.

2. Old DeFi's AAVE, CRV, etc. rose. Funds poured into DeFi projects with actual income for risk aversion.

3. AI's ATH rose and was listed on the Korean exchange Upbit.