Data: Multiple tokens experience a surge followed by a pullback, COS drops over 15%
According to ChainCatcher, spot data from a certain exchange shows significant market volatility. COS has dropped by 15.12% in the past 24 hours, while DASH has fallen by 16.51% in the same period.
At the same time, AR, BEL, DUSK, and FET have all experienced a "surge and pullback" pattern, with declines of 6.58%, 8.5%, 5.99%, 9.34%, and 7.61% respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
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