TechFlow news, on August 8, 10x Research released a report analyzing that the current market faces challenges from compressed volatility, seasonal weakness, and a lack of macro drivers, casting doubt on the sustainability of this rebound.
Trump's recent moves to expand 401(k) access to cryptocurrencies and promote interest in gold could shift market sentiment, but the current market response has been muted. Meanwhile, although Ethereum has shown record address activity and price increases, these are driven more by narrative than fundamental support.
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