CoinEx Daily 08/08 📊 #CryptoNews
1⃣ Bitcoin Statistics
$BTC has entered a cooling phase of the bullish market according to CryptoQuant, with attention shifting to the possibility of the Fed cutting interest rates at the September meeting to act as a catalyst for the market.
2⃣ Tokens to Watch
$MIM 0.0043$ +55.07%
#RUNECOIN 0.0007$ +53.65%
3⃣ Highlights of the Day
- Recent news about the executive order allowing 401(k) investments in cryptocurrency and the Fed's discussions on using gold reserves for a Bitcoin strategy highlight the increasing integration in the mainstream market.
- The outflow of capital from Bitcoin has yet to be confirmed, but short-term consolidation and cautious sentiment are dominating the current landscape.
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