Important updates on September 25: SUI is nearing its all-time high, entering the top 20 in market value

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Bitget2024/09/25 02:58

I. Market Trends:

1. BTC rises with U.S. stocks, shifting from a downward trend to a fluctuating one. The dominance of BTC is declining. The season for altcoins has fully arrived, with most altcoins showing bullish weekly trends.

2. U.S stocks are rising and hitting new highs again. China's central bank cuts reserve requirement ratio and interest rates to release liquidity.

II. Market Highlights:

1.New public chains SUI and SEI are on the rise; SUI is nearing its peak, entering the top 20 in market value.

3.Public chain SOL surges, followed by ecological WIF, FIDA etc.

4.MOONDENG token on Solona chain soars to a new high with a market value reaching $80 million USD; MOONDENG is an internet-famous hippo on TikTok that has risen 1000 times over the past half month.

5.VC coins ENA, ALT, SAGA etc., rebound after drastic falls.

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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Bitcoin reserve companies had a net purchase of $1.2 billion last week, while ETFs had a net purchase of $3.236 billion during the same period.