Gate Research：Bitcoin Rebounds Today, Friend.Tech Under Fire for Soft Rug

Gate Research Daily: September 10 — BTC price increased by 3.33% Over the past 24 hours, while ETH rose by 1.94%. Altcoins saw broad gains following BTC’s rebound, with notable surges in sectors like BTC sidechains, cat-themed cryptocurrencies, and AI Agents. Bitcoin spot ETFs recorded a total net inflow of $287 million, while Ethereum spot ETFs saw a net outflow of $5.2 million. The development team behind Friend.Tech announced they have relinquished control of the platform’s smart contract. On September 10, three projects publicly announced funding rounds, raising over $16 million collectively, spanning gaming, AI, and oracle sectors.

Market Analysis: Altcoins are seeing widespread gains following BTC’s rebound, with significant surges in sectors such as BTC sidechains, Cat-Themed tokens, and AI Agents.Top Performers: The top-performing tokens over the past 24 hours are RPL, FTM, and APE.Data Highlights: Catizen's revenue surpassed $23 million, currently ranking first in Telegram app revenue.Spotlight Analysis: Merlin Chain released its 2024 H1 report, with TVL exceeding $3.9 billion and on-chain transaction volume reaching $3 billion.Market Opportunities: Three projects publicly announced funding rounds, with the highest amount raised being $10 million, covering gaming, AI, and oracle sectors.

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