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Gate Research: Babylon Launches Staking Mainnet Boosting Bitcoin Fees; Market Stably Absorbs Mt.Gox Liquidation
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Gate Research: Babylon Launches Staking Mainnet Boosting Bitcoin Fees; Market Stably Absorbs Mt.Gox Liquidation

Gate Research Daily Report: On August 23, BTC and ETH rebounded on the daily charts but remained constrained by weekly resistance. Bitcoin ETFs saw a net inflow of $64.91 million, while Ethereum ETFs had a net outflow of $874,600. The market sentiment index was at 39, reflecting ongoing fear. The impact of Mt. Gox's large-scale repayments on the market is gradually weakening. Among trending tokens, KONET surged by 149.2%, ALPACA by 97.92%, and CREAM by 58.74%, likely due to protocol upgrades and changing market conditions.
8/23/2024, 3:28:08 PM

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