Market dynamics on June 6: BTC continues to fluctuate, altcoins generally rise

I. Market Dynamics

1. BTC fluctuates, altcoins generally rise. Spot ETFs have a large inflow of 900 million USD, the highest in the past three months.

2. U.S stocks surge to new highs, employment data increases the probability of a rate cut in September to 70%. Canada becomes the first G7 country to cut interest rates.

II. Market Focus

1. BB, BURGER, WHY from Bn series surged significantly.

2. KAS from PoW hits a new high. KAS will launch KRC20 similar to ERC20 standard and plans to issue many Memes in future; it requires downloading Kaspium Wallet in advance.

3.Taiko from ETH L2's token issuance performance is average and has been listed on exchanges; Taiko has a market cap of 25 billion USD and is a domestic project with fewer previous air drops.