Market dynamics on April 8: BTC fluctuates upwards
I. Market Fundamentals
1. Market Trend: BTC is oscillating upwards. 2. U.S stocks rebounded due to positive expectations for U.S employment data, international oil prices hit a half-year high, and market interest rate cut expectations are delayed.
II. Market Focus
1. In the BTC ecosystem, CKB, LEVER, ORDI, PUPS, Runestone and others have surged significantly. CKB's release of the first test coin SEAL under the RGB++ asset protocol has skyrocketed by hundreds of times. LEVER launched a cross-chain bridge for BTC; Runestone air-dropped three Meme coins; With an imminent halving of BTC supply looming miners are pumping up the price in anticipation of reduced income.
2.Older DeFi tokens such as FARM, ALOCX, CREAM, KP3R,BIFI,WING etc., have seen catch-up growth.
3.Base chain tokens like AERO and BRETT are on the rise with Base Chain's TVL growing to seventh place.
4.SAGA is a game modular public chain in Cosmos ecosystem which will be listed on secondary markets tomorrow.
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.
