> For the complete documentation index, see [llms.txt](https://tokenlon.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tokenlon.gitbook.io/docs/docs.en/blog/whatsnew/market-update/2024/0716.md).

# 07/16 Market overview: ETH at $3,479.67, up 6.2% in 24h

According to Bloomberg, Ethereum ETF will start trading on 23rd July. As a reaction to this news, ETH rose 6.2% in 24h, now at $3,479.67.

In other news, Goldman Sachs predict the Federal Reserve may lower interest rates as early as July, with this the BTC price has broken $65,000, now at $64,828.91, up 5.7% in 24h.

<figure><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXf_pykPcfqg-XxWA-AKMs9DC82cuiKLEvAgmh17JwmbRLAxx2aZkoEbEPprmg_sIma1JtOrswjqD1AUzeZYPqs0Hw6cHFyEAv6me4eHYL89yn7rQlEdCc55qo6ZQdFeckcbW9cp1Kep11q0dIg_-zuUJj6Z?key=s2mXl3vh97ER34FWDSx9Jg" alt=""><figcaption></figcaption></figure>

Tokenlon now supports 145 tokens, with discounted fees as low as 0.1% for LON holders. Trading fees between stablecoins such as USDT, USDC, DAI etc is as low as 0.04%.&#x20;

Tokenlon also supports multichain trading on **Ethereum mainnet, Polygon PoS, Optimism, zkSync Era, BNB, Base, and Arbitrum chains.** Simply navigate to the Market page in the latest imToken wallet version, 2.15.3, to start. Trade up to 100 WBTC & 1000 ETH in a single transaction on Tokenlon, with smart routing on the Tokenlon website.&#x20;

#### Tutorial

[How to use Tokenlon instant swap](https://support.tokenlon.im/hc/en-us/articles/360037732371)

[How to use limit order on Tokenlon](https://support.tokenlon.im/hc/en-us/articles/7463636612116)

#### Note

Digital assets are highly volatile and unpredictable, do your research before trading.

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