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📢 Gate Square Daily | July 6
1️⃣ On-chain dynamics: The share of meme coins in the altcoin market has dropped to 3.7%, the lowest since February 2024, significantly down from its peak last year.
2️⃣ Market dynamics: The crypto market is broadly rising, with Bitcoin surpassing the $63,000 mark, reversing the declining trend since late June.
3️⃣ TradFi dynamics: Spot gold has exceeded $4,200 per ounce, reaching a new two-week high; South Korea's KOSPI index has extended its decline to 3%.
4️⃣ AI industry: SemiAnalysis reports that many of Nvidia's rack architectures are facing delays or changes, with Kyber NVL144 potentially delayed until 2028.
5️⃣ Regulatory dynamics: The Clarity Act was not signed on July 4, making August 7 the next critical deadline.
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1️⃣ On-chain Dynamics: Meme coin dominance in the altcoin market has fallen to 3.7%, a new low since February 2024, significantly down from its peak last year.
2️⃣ Market Dynamics: The crypto market is broadly up, with Bitcoin breaking through $63,000, reversing the downtrend since late June.
3️⃣ TradFi Dynamics: Spot gold has stood above $4,200 per ounce, hitting a two-week high; South Korea's KOSPI index has widened its decline to 3%.
4️⃣ AI Industry: SemiAnalysis states that several of Nvidia's AI rack-scale architectures have been delayed or adjusted, with Kyber NVL144 potentially postponed to 2028.
5️⃣ Regulatory Dynamics: The Clarity Act was not signed into law on July 4, making August 7 the next key deadline.