Market dynamics on April 11: BTC fluctuates at high levels, Runestone price approaches 0.1BTC
I. Market Fundamentals
1. BTC is fluctuating at high levels, the U.S. SEC plans to sue Uniswap, and the DeFi sector is under pressure.
2. U.S stocks fell sharply, with the dollar index soaring. The U.S CPI in March continued to rise beyond expectations, delaying interest rate cut expectations.
II. Market Focus
1.The price of stablecoin ENA has surged dramatically and TVL is expanding rapidly. Currently, projects with the fastest growth in TVL include Renzo, Pendle, ENA and Zircu< Renzo and Zircult have not yet issued tokens.
2.Fan coins such as ASR and JUV are skyrocketing in price as the European Cup football match is about to start.
3.Prices for Runestone and Pups in BTC's Rune ecosystem have soared dramatically; Runestone's price approaches 0.1BTC.
4.Notcoin within TON chain ecosystem will soon issue tokens; Notcoin is a free mining mobile application with 30 million users and 5 million daily active users.TON public chain market value enters top 10 ranking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Tonight the Fed rate hike is almost certain; the market is closely watching Waller's remarks: will a signal of continued rate hikes be released?
What the market truly cares about is: the dot plot will reveal how many more rate hikes are expected this year, and whether Waller will send signals of ongoing tightening. Citi predicts this will be a “dovish hike”; Goldman Sachs bluntly states that this rate hike lacks sufficient economic basis; Standard Chartered believes the hike itself is a policy mistake. If there’s a signal of aggressive consecutive hikes, it could trigger market turmoil; the most dangerous tail risk is an unexpected pause, which could spark a credibility crisis and sharp equity sell-off.