08/25 Market overview

ETH correction after all-time high at $4,900

Last Saturday, at the Jackson Hole Global Central Bank symposium, Federal Reserve Chairman Powell’s speech was widely interpreted as a signal for a September rate cut, which boosted the market. ETH briefly broke past $4,900, hitting a new all-time high before pulling back slightly.

Based on CoinGecko market data, ETH is now at $4,713.43, down 0.8% in 24h, and up 5.6% in 7d. BTC meanwhile is at $112,986, down 1.9% in 24h, and down 3.9% in 7d.

Tokenlon supports multichain trading on Ethereum mainnet, Polygon PoS, Optimism, Base, BNB, Unichain and Arbitrum chains. Simply navigate to the Market page in the latest imToken wallet version, 2.17.1, to start trading.

Trade 154 tokens on Tokenlon with fee discount available to LON holders.Trade up to 100 WBTC & 1,000 ETH in a single transaction on Tokenlon, with smart routing and limit ordersarrow-up-right on the Tokenlon websitearrow-up-right.

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Note

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

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