BTC surges to new highs, ETH strengthens, altcoins skyrocket, the bull market is here

U.S. stocks soar to new highs. Trump's election as U.S. president will involve tax cuts domestically and tax increases internationally. If tariffs increase by 20%, it could lead to a 10% depreciation of the RMB, a 0.5% decline in China's GDP, and a 1% increase in the U.S. CPI.

Market Highlights

1. DeFi's Cetus and Cow are listed on BN. Cetus is the first Sui ecosystem DEX on BN, while Cow is a DEX aggregator on the ETH chain resistant to MEV.

2. DeFi projects like UNI, AAVE, LDO, ENA, RAY, RNDT, etc., have surged. Trump has promised to immediately remove the SEC chair and establish a national strategic reserve for BTC, leading to market expectations of regulatory easing. ENA plans to distribute income to SENA holders. In the long run, among this round of DeFi, ENA has speculative potential.

3. AI projects like GOAT, GRASS, ARKM, etc., have surged. ARKM has launched a futures exchange. GRASS has quadrupled in value over the week, reaching a market cap of $3 billion, nearly twice the IO market cap.

4. Meme coins like NEIRO, PNUT, MOODENG, LUCE, JOE, etc., have surged. Funds from the leading meme DOGE have overflowed into the second-tier meme NEIRO. The LP lock-up period for JOE has been extended to 256 years. On-chain memes have shown significant gains compared to CEX memes.

5. Political memes like TRUMP, MAGA, FIGHT, HARRIS, etc., have generally plummeted after the election, as the good news has been fully priced in. 90% of Polymarket prediction users are losing money, but the highest winner has earned 5000 WU. #BTC