Farcaster

🔤 Market Overview - July 6

♾ 24-Hour Price Movements:
🟣 BTC: Continued its sharp decline from yesterday morning, dropping to 53.4K before recovering to 56K.
🟣 Altcoins: Slight recovery following BTC’s sharp dip, but still significantly down; >20% drop with only a 5%-10% rebound.
🟣 Strongest Recoveries: Memecoins, DePIN, and RWA sectors.
🟣 Fear & Greed Index: Fell to 26, indicating fear, but not yet in "extreme fear" territory.
🟣 P2P USDT Prices: Slight increase due to heightened demand for stablecoins amid bottom-fishing and holding positions.
🟣 Stablecoin Netflow: Over 340 million deposited into exchanges in the past 24 hours.

🎉 Biggest Movers:
🟣 WIF: +21.7%
🟣 AKT: +18.0%
🟣 OM: +14.6%

✅ Notable Fund Flows on Binance:
🟣 Market adjustments have resulted in no significant fund flows observed.