What happened??
Major Macro News Impacting Crypto:
⦁ Stagflation fears intensified due to aggressive US tariffs and a weakening labor market.
⦁ The Fed faces pressure to cut rates (90% chance in September), but inflation remains sticky.
⦁ Bitcoin and Ethereum are acting as macro hedges, with institutional inflows supporting the rally.
Top 3 Gainers (24h):
⦁ SOON (+120.6%)
⦁ Siren (+65.2%)
⦁ Codatta (+64.4%)
Top 3 Losers (24h):
⦁ Yala (-25.5%)
⦁ GXChain (-15.5%)
⦁ Coreum (-9%)
Trending Narratives on Crypto Twitter:
⦁ Kaito platform update and leaderboard changes
⦁ Anticipation of major altseason and ETH rally
⦁ Solana ecosystem momentum
⦁ Programmable data and onchain future with Irys
⦁ Bitcoin dominance dropping, shift to altcoins
⦁ Emergence of creator capital markets
⦁ OthersideMeta tournaments and Creator Clash
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