CoinEx Daily: Market Continues to Decline, Bitcoin Falls Below $82,000

Overview

The market continued its downtrend yesterday, with Bitcoin briefly dropping below $80,000. Altcoins also experienced declines to varying degrees.

Daily Macro

Bitcoin Market Performance: Bitcoin maintained its downtrend, briefly falling below $80,000.

Bitcoin ETF: Net outflow of $20 million yesterday.

Ethereum ETF: Net outflow of $19 million yesterday.

Macroeconomic Data: The U.S. Securities and Exchange Commission (SEC) and Consensys have reached a tentative agreement to terminate the SEC’s lawsuit against the blockchain software company.

Daily Focus

BTC

Reason for Attention: Bitcoin fell below $80,000 this morning, triggering market panic. Its price significantly impacts the overall crypto market trend.

Token Performance: BTC: -5.99% (24h)

How to Participate: Bitcoin may continue to experience significant volatility. Investors should closely monitor macroeconomic trends and price movements to protect their capital.

Next Focus

KAITO

Reason for Attention: The AI-powered crypto search engine Kaito has shown strong performance recently. Its token has surged since launch and is now trading around $2.2.

How to Participate: Despite the overall market downturn, KAITO's upward momentum is noteworthy. However, given current market risks, investors should proceed with caution.