Here’s a 2-minute look at everything that happened in crypto today.
Bitcoin just fell below $100,000 for the fifth time this week.
These sell orders are not slowing down.
While Bitcoin is stumbling, something interesting is happening with Ethereum.
You see, the market has been so focused on Bitcoin’s six-figure dream that most people have missed what’s happening on Ethereum’s charts. The models? They’re starting to look eerily similar to the ones we saw just before the massive 2021 race.
Ethereum needs a 24% weekly gain to reach its all-time high. Usually this seems ambitious. But with BlackRock pumping $500 million into ETH holdings and institutional money pouring in, the numbers are starting to make sense.
Even bearish analysts since 2022 are changing their minds. They talk about “structural change” and sustainable growth – words they don’t say lightly.
The really interesting part? The resistance levels between here and the all-time high are surprisingly thin. It’s like someone cleared the path when we weren’t looking.
So what is really happening in the crypto markets right now? Let me tell you the biggest stories of today…
- The PEPE coin returns Uniswap with a market capitalization of $11 billion. So what’s driving its price so high? 🤔
- The alternate season signals are flashing: HBAR +99%, IOTA +79%, JASMY +72%. But what worrying signals is the perpetual futures market showing? 📊
- Ethereum ETFs have been on a 10-day winning streak. What is generating such interest today? 💫
- Bitcoin continues to bounce off $100,000 like it’s made of rubber. Here’s what’s causing this stiff resistance! 🔍
- Trump’s David Sacks steps in to combat ‘Operation Choke Point 2.0’ as Coinbase shares evidence. What are they? ⚖️
Let’s go!
PEPE has just accomplished something that seemed impossible a few months ago: its market value has surpassed that of Uniswap.
Pepe coin, which started as another meme token in 2023, now has a market cap of $11 billion. This is bigger than Uniswap’s UNI token, one of DeFi’s foundational projects.
This increase is not just a short-term spike either. Since January, Pepe’s value has increased 18-fold, turning what many considered a joke into a serious player in the market.
So what’s driving its price so high? Read the full story!
The market for alternative products currently paints an interesting picture. Some tokens are going absolutely crazy – Hedera has surged 99%, IOTA has soared 79%, and JasmyCoin has soared 72% since November.
Meanwhile, Bitcoin’s grip on the market is loosening. His dominance fell below 55% for the first time in months, sparking debate over whether we’re entering alt-season territory.
But there is a problem. The perpetual futures market is showing worrying signals. What are they? Read the full story!
Ethereum ETFs just hit a major milestone: 10 straight days of money coming in, bringing the weekly total to a staggering $836.7 million.
Fidelity is leading the charge, with its Ethereum fund raising $47.9 million in a single day. Total trading volume hits record after record, approaching $1 billion per day.
The timing couldn’t be more perfect. Ethereum just surpassed $4,000, reaching levels we haven’t seen since March. And it’s not just price: the NFT market is once again showing signs of life, with high-profile projects posting double-digit gains.
But remember when analysts were calling the ETH ETF a gigantic failure just a few months ago? What is generating such interest today? Read the full story!
Bitcoin crossed 100,000 again, only to fall back to 99,000 (again).
In 2011, you could buy one Bitcoin for just $1. Two years later, it reached $1,000, and people thought it was crazy. NOW? We’re talking six figures.
So what is the cause of this rigid resistance? Read the full story!
David Sacks, Trump’s new AI and crypto czar, is taking on a battle brewing beneath the surface of crypto regulations – the mysterious “Operation Choke Point 2.0.”
The story begins with the collapse of Silvergate Bank. Chris Lane, their former CTO, said the bank was perfectly solvent after the fall of FTX, but regulators systematically cut off its ability to serve crypto customers until it had no choice but to close its doors.
Coinbase has now entered the chat with explosive evidence. What are they? Read the full story!
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