08/06 Market overview

BTC & ETH bounces back above $55,000, $2,500

The global financial markets experienced widespread declines yesterday: the US stock market lost over $1.41 trillion, and the Tokyo Price Index triggered a circuit breaker to manage the volatility of the market. Cryptocurrency market makers sold over $300 million worth of ETH, with ETH falling to a low of $2,060.

ETH is now at $2,517.77, up 7.3% in 24h. BTC fell below $50,000 at its lowest, and is currently at $55,687.01, up 2.0% in 24h.

Tokenlon now supports multichain trading on Ethereum mainnet, Polygon PoS, Optimism, zkSync, Base, BNB, and Arbitrum chains. Simply navigate to the Market page in the latest imToken wallet version, 2.15.3, to start.

Tokenlon now supports 145 tokens, with discounted fees for LON holders.

Trade up to 100 WBTC & 1,000 ETH in a single transaction on Tokenlon, with smart routing on the Tokenlon website.

Tutorial

How to use Tokenlon instant swap

How to use limit order on Tokenlon

Note

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