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In Brief HYPE surged over 15%, surpassing SUI and entering the top 11 cryptocurrencies. Technical indicators support potential new highs after consolidation. Increased whale activity and social media buzz boost community confidence.
In Brief Rekt Fencer identifies promising altcoins in a potential market rally. Stablecoin growth and Bitcoin's market shift hint at capital movement. GRASS, PENDLE, ONDO, ENA, and SEI show strong future potential.
Share link:In this post: Trump Media raised $2.5 billion to build a Bitcoin treasury through private deals with 50 investors. The money came from $1.5B in stock and $1B in convertible notes with a 35% premium. CEO Devin Nunes said Bitcoin will protect the company from financial discrimination and support future products.
- 21:23The US Dollar Index rose by 0.51% on the 27thThe U.S. dollar index, which measures the dollar against major currencies, rose by 0.51% on the day, closing at 99.521 in the forex market.
- 20:17The three major U.S. stock indices collectively closed higherAccording to a report by Jinse Finance, the three major U.S. stock indices collectively closed higher, with the Dow Jones up 1.78%, the Nasdaq up 2.47%, and the S&P 500 index up 2.05%. Large tech stocks rose across the board, with Tesla up nearly 7%, Nvidia up over 3%, and Apple, Microsoft, Amazon, Google, and Meta all up over 2%.
- 20:16Trump Media & Technology Group briefly fell nearly 12%On May 27, according to market data, Trump Media & Technology Group (DJT.O) briefly fell nearly 12%, marking the largest single-day drop since March 10. The current decline is 10.61%. Today, Trump Media & Technology Group announced the launch of a Bitcoin treasury plan worth approximately $2.5 billion, incorporating BTC into its asset reserves for financial stability and long-term value storage.