Farcaster

Market Overview 08.01

📌 24h Price Action:
- BTC suddenly drops 5k to a low of $96k without any specific reason
- BTC daily candle is a candle that completely engulfs Monday
- All altcoins affected by this rapid price drop
- Over $250 million stablecoin netflow deposited to exchanges in the past 24h

📌 Biggest Gainers/Decreasers:
- $AI16Z (-17.8%)
- $GALA (-12.3%)
- $LDO (-12.1%)

📌 Notable Cash Flows on Binance:
The entire market is correcting, no notable cash flows

📌 Don't miss any news:
- The Vietnamese Government will classify crypto assets for management
- Upbit announces the listing of this token
- Czech National Bank considers opening a Bitcoin reserve fund

✅️ Daily insights on Airdrop & DeFi! ➡️ My info : https://x.com/Paul_Kid0705