October 31 Market Update: MicroStrategy plans to invest $42 billion in buying Bitcoin, strong US employment data reduces market expectations for rate cuts

I. Market Dynamics

1. BTC fluctuates at high levels, MicroStrategy plans to raise $42 billion to purchase BTC.

2. U.S stocks fall. The explosive U.S employment data leads the market to lower expectations for significant interest rate cuts.

II. Market Focus

1. The old coin TROY surges, transforming into AI+MEME. It had previously transformed into DEFI, GAMEFI etc., taking advantage of hot trends.

2. Public chain ETH rises, with its ecosystem MKR, VISTA and others following suit. ETH is often the last resort in a market trend recently.

3. Modular TIA plummets, unlocking 80% of its recent circulation volume which is approximately $1 billion USD.

4.MEME token platform PUMP.FUN begins OTC pre-market trading and may issue tokens in the future.