$BTC Trump Media just sold 4,259 $BTC , worth $343.67 million, nearly liquidating its entire position (99.99%)! That was a decisive move. $BTC fell to around $75,700,
$ETH also fell to around $2,232 at the same time.
Coincidentally, the Democratic Party is planning to investigate the financial ties between the crypto industry and the Trump family. Was this sell-off a prediction of the regulatory climate, or simply cashing out? In the medium term, political maneuvering over capital is intensifying.
Tonight at 9:30: nonfarm payrolls—another double whammy, or a false alarm?
If the data comes in well above expectations, unemployment doesn’t rise, and wages keep climbing, rate-hike expectations will heat up again, and markets will definitely take another hit. But last night’s drop was largely driven by people selling the rumor. The bill is only a proposal; AI development will continue. They’re starting negotiations by targeting the biggest artery, and the rest can be discussed gradually.
With the bad news out of the way, a sharp V-shaped rebound isn’t out of the question. Get ready for liftoff! $BTC $ETH $SOL
$FIL FIL may see the strongest fundamental turning point in October! FIL’s double catalysts land on the same day in October; on October 15, the end of the stacked rewards unlock will halve. Team tokens that have been constantly dumping year-round will no longer be siphoned off month by month. Mining output will also be cut in half, significantly easing token inflation. Funds have already begun positioning ahead of time. The halving is a long-term positive, not a reason to chase highs in the short term—buy in batches on pullbacks for a more prudent approach.
$FIL Call on all FIL believers! FIL may see the strongest fundamental turning point in October!!! What will happen in the next October? First, the six-year lockup will be completely unlocked, and long-term large sell pressure will be fully cleared; Second, the block reward will experience halving, and the market’s newly added tokens will be dramatically reduced. Overall, supply will directly decrease by 75%. The long-term logic for the storage track will strengthen, but in the short term, watch out for risks of a broader market pullback.
$ZEC Grayscale submitted the fifth amendment to the Zcash trust-to-spot ETF filing with the SEC, with Coinbase as custodian and major Wall Street market makers Jane Street and Virtu participating in market making. ZEC is the only compliant optional privacy coin (with transparent/shielded dual addresses and auditable records), unlike the fully anonymous Monero XMR, which has been delisted by exchanges. Institutional funds only recognize ZEC as the allocation target in the privacy coin sector.
The current rally of $ZEC is driven entirely by ETF expectations and speculation around the privacy sector. On-chain daily trading activity has not increased significantly in step, making this a purely capital-driven market. Once sentiment cools, it will pull back quickly.