Market trend
The cryptocurrency market has recently shown a complex situation. The continuous net inflow of Bitcoin and Ethereum spot ETFs indicates that institutional funds are actively allocating, but market volatility is at a historical low, necessitating vigilance against sudden risks. The U.S. PPI data exceeded expectations, leading to a cooling of rate cut expectations and triggering a short-term correction. The Ethereum ecosystem is active, with Solana's stablecoin USD1 initiating minting. Regulatory dynamics (such as the new regulations from the Hong Kong Securities and Futures Commission) and exchange security incidents (like the BtcTurk theft) also impact market sentiment. Overall, the institutionalization process is accelerating, but high leverage and speculative behavior still pose risks.
mainstream coins
$BTC
Currently oscillating in the 115K-120K range, with obvious liquidity accumulation. The weakening of DXY and continuous buying by institutions (such as MicroStrategy) provide support, but caution is needed against selling pressure from large transfers to exchanges. In the long run, the halving cycle and ETF demand still support the bull market, while in the short term, attention is needed.

Today, the market capitalization of the crypto market reached 13.25 billion USD, with the prices of major tokens declining due to the overall market downturn. Innovative projects continue to emerge, with the information market Backroom officially launching, combining AI to facilitate information trading. Meanwhile, Vega agent won the trading competition, showcasing the potential of AI in on-chain applications.

Analyze how retail investors can grasp the latest gameplay of BNB Chain and the valuation analysis of BNB.
Author: Biteye Core Contributor @viee7227
Recently, BNB has experienced a remarkable structural market trend. After reaching its ATH in July, it has once again broken through the ATH at $865.68 today. With several publicly listed companies in the U.S. making significant purchases of BNB as an asset reserve, along with favorable factors like ETF applications, BNB, which was once seen as a "exchange platform token" + "public chain ecological token", is now evolving and expanding towards being an "institutional reserve asset".
The recent market trend may not just be a temporary hype, but rather a reassessment and repositioning of BNB's value. This article will delve into the "institutional" path of BNB and the various opportunities available for retail investors to participate.
1. Review of BNB's "Institutional Evolution" Path
In the past two months, three major events have occurred surrounding BNB:
multiple US stocks

Today's zone market capitalization is $13.19 billion, with a slight pump. Key news includes PublicAI completing its TGE on Binance, launching the AI Token $PUBLIC, and earning revenue through data contributions; the Verio platform introducing music video stake rewards; Nillion releasing the AI assistant PINDORA focusing on data privacy; and Sahara AI launching task analysis for the USD1 ecosystem.

ETH has rebounded all the way from the low point in April and is currently above the $4700 mark. It is said that 2024 will mark the beginning of a bull run ignited by the Bitcoin ETF, and in 2025, it is likely to be Ethereum's turn. This article uses six valuation methods to analyze whether ETH can hit the $10,000 mark!
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Market trend
The cryptocurrency market has recently performed strongly, with a total market capitalization surpassing $4 trillion. Ethereum (ETH) has performed particularly well, breaking through $4600 to reach a three-year high, surpassing Netflix in market capitalization. Solana (SOL) has also exceeded $200 due to ecological development and institutional support. Market expectations for a Federal Reserve rate cut in September have warmed (with a probability of 91.8%), driving a broad rise in risk assets. However, caution is needed regarding high leverage risks, as the open interest in altcoin contracts has reached an all-time high, increasing market vulnerability. Bitcoin's market share has fallen below 60%, and funds may be shifting towards altcoins.
mainstream coins
$BTC
Recently, the exchange inventory has dropped to a six-year low, indicating strong reluctance among holders to sell. Institutions like BlackRock continue to buy, and ETF inflows are robust, but caution is needed regarding miner selling pressure. The key technical support is at 112K, and breaking through 123K will open up new upward potential. In the long term, institutional accumulation and

The crypto market rebounded today, with the zone's market capitalization reaching 13.04 billion USD. The main volume is concentrated on tokens VIRTUAL, TAO, and AI16Z. Grayscale launched a new trust product, and the Sui ecosystem is gradually gaining follow; PrismaX launched a remote training platform Teleop, attracting user participation; Kunlun Wanwei released Matrix-Game 2.0, achieving an Open Source real-time world model, showcasing advancements in domestic technology.