The Hong Kong Tech Rally is a Macro Signal, Not a Company Story
Here is a breakdown of what the Hong Kong equity market's surge in tech names...
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| Coin | Price | 24h |
|---|---|---|
|
BTC
Bitcoin
|
$64,948.8 | +1.56% |
|
ETH
Ethereum
|
$1,931.22 | +1.34% |
|
SOL
Solana
|
$74.84 | +1.74% |
|
BNB
BNB Chain
|
$592.8 | +3.84% |
|
XRP
XRP Ledger
|
$1.09 | +1.24% |
|
DOGE
Dogecoin
|
$0.0708 | +1.14% |
|
ADA
Cardano
|
$0.1706 | +4.92% |
|
AVAX
Avalanche
|
$6.47 | +1.01% |
|
DOT
Polkadot
|
$0.7730 | +1.40% |
|
LINK
Chainlink
|
$8.49 | +2.36% |
Fear
Market Sentiment
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Block reward halving event
92 million ARB released
Independent validator client goes live on mainnet
Team and early investor shares released
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$64,948.8 |
| 1 |
Ethereum
ETH
|
$1,931.22 |
| 1 |
Solana
SOL
|
$74.84 |
| 1 |
BNB Chain
BNB
|
$592.8 |
| 1 |
XRP Ledger
XRP
|
$1.09 |
| 1 |
Dogecoin
DOGE
|
$0.0708 |
| 1 |
Cardano
ADA
|
$0.1706 |
| 1 |
Avalanche
AVAX
|
$6.47 |
| 1 |
Polkadot
DOT
|
$0.7730 |
| 1 |
Chainlink
LINK
|
$8.49 |