Today, the market capitalization of crypto slightly decreased by 0.20%. Why? Because someone woke up on the wrong side of the bed this morning! Bitcoin traded honestly in the range of $93,655 to $95,369 and is now sadly lying at $94,120, decreasing by a majestic -0.14%. Oh my, what a nightmare.
Altcoins? They decided to put on their little show. VIB soared by 75% — obviously because someone remembered it even exists. WING jumped by 51% — perhaps to prove that the laws of physics don't apply to crypto. And ALPACA — you won't believe it — bounced up by 36%, showing the whole world that alpacas are still in the game.
Now let's move on to the news that we love the crypto market for:
• The Federal Reserve has decided that it understands what crypto assets are. Spoiler: no, it doesn't.
• The President of Ripple honestly admitted: IPO in 2025? Forget it. Apparently, they decided that working in the shadows is more interesting.
• Arizona is set to vote on Bitcoin reserve laws. Of course! What else can the laws of Arizona do but strengthen your hodl?
• Solana has once again outperformed everyone in trading volume on DEX. And this is despite the fact that the Solana blockchain sometimes takes a 'break'. Beautiful!
• The US Treasury is swimming in money, and bonds have finally stopped behaving like toxic waste.
And, of course, Bitcoin touched new highs again in the last seven weeks… and immediately got scared of its own boldness, retreating below $94K. Analysts, as always, poured oil on the fire: 'Don't expect $100K tomorrow!' Who even listens to these analysts? Yesterday they advised buying FTX tokens!
Meanwhile, the brightest movements:
• ETH is priced at $1806, like a nice dinner in New York.
• XRP is falling again, because it's XRP.
• SOL slightly dipped, but we know: it's the calm before the storm.
• And yes, the TRUMP token also dropped by -5.29%. Probably because someone saw in it a real reflection of American democracy.
Deloitte forecasts the tokenized real estate market will reach $4 trillion by 2035. I wonder, by that time will we start receiving NFT birth certificates?
