September 27 Crypto Market Dynamics
1) Market Trends:
- BTC showed an upward trend, breaking through the previous high of $65,000. Strong currencies fell first, stagflation currencies began to catch up, zoo dogs ran around, and market risks increased.
- US stocks showed an upward trend, and the US second quarter GDP data was better than expected.
- A shares rose sharply, and the central bank lowered the reserve requirement ratio and interest rates.
2) Market hot spots:
1. MEME-type SHIB, PEPE, BONK, BRETT, etc. have rebounded:
- Hippo MOODENG, penguin PESTO, toad OMOCHI, etc. on the SOL chain have continued to rise sharply, and the zoo market has reappeared.
2. ENA, which is stable, has risen:
- Cooperated with Blackstone to launch a new stablecoin USTB.
3. Cross-chain bridges AXL, ZRO, W and other stagflation varieties have rebounded:
- The sector rotation has reached the late stage.
4. TON game HMSTR was listed on BN, and the price was halved due to overvaluation:
- TON ecosystem CATI and others followed the decline.
5. Strong currencies such as NEIRO, SUI, TAO, which led the rise in the early stage, began to adjust first.