This week Bitcoin is swinging in a range, like a Democrat between the words "peace" and "inflation." After falling below $60,000, the market seemed to decide: "Maybe it's not the end after all?" And now we see BTC climbing back, like Joe Biden up the ramp to the plane — with mixed success and the risk of falling at any moment.
Market capitalization? Still in the trillions.
Interestingly, while traders are losing money, institutional players are entering the market as if they've been let in on a secret: "Actually, it's just the guys from Reddit messing around." BlackRock, Fidelity, ARK — the same ones who once looked at crypto as an NFT with a cat — are now buying up bitcoins as if they were congressional budgets.
Ethereum? Still alive. Although on a diet.
ETH, the good old contender for decentralized everything, is going through tough times. Prices are falling, fees are jumping, developers are arguing about what’s more important — speed or security. Like in the State Department: "Let's first figure out who we are sanctioning today, and then everything else."
But do you know what makes ETH stronger?
Right, memes. Because if a network has a community that releases NFTs with talking frogs, it means the project won't die.
Solana — a Phoenix or just a spark from a burnt-out campfire?
SOL has come back to life — and is falling again. Like the moods of an investor who jumped in at the highs in November and is now tweeting: "It's all manipulation!"
But it must be noted: the ecosystem is growing. Games, tokens, DePIN projects, another attempt to "kill Ethereum." All this gives a sense of slight déjà vu. Remember 2021? Well, the market remembers too.
Meme coins — they don’t die, they just become dumber.
Dogecoin, Shiba, Pepe, and now a new wave: WIF, BONK, and absolutely insane tokens with names that sound like Wi-Fi passwords in cafes. One of them rose 400% in a day. Why? Because it has a dog in a Napoleon hat in its logo. Genius. Investors from the 90s would rise and applaud.
Week’s summary: traders liquidated, memes in the green, institutions preparing for the halving.
So everything is fine. Well, as fine as it can be for 2025.
If the crypto market is a circus, then the fire act is just beginning.
Grab some popcorn. Or at least USDC.
