🪙 Weekly Crypto Recap: Steady Gains, Strategic Moves & Market Resilience. 💰
Bitcoin (BTC) wrapped up the week with a solid +1.37%, while Ethereum (ETH) lagged slightly, closing up +0.85%. Interestingly, the total crypto market cap dipped 2.03%, sliding from $3.442T to $3.372T, despite relative price strength in majors.
📉 Liquidation Watch:
Tuesday saw a sharp flush, with $320M in long positions wiped out. Funding rates held mostly steady, although minor upticks hint at growing leverage across the board.
🚨 Key Highlights:
• Michael Saylor’s Strategy snapped up 10,100 BTC for a whopping $1.05B at an average of $104,080/BTC.
• SharpLink Gaming became the largest public ETH holder with a bold 176,271 ETH buy worth $463M.
• DeFi Development Corp secured a massive $5B equity line to stockpile Solana (SOL) for treasury growth.
🌍 Despite rising geopolitical tensions between Israel and Iran, both crypto and traditional markets showed resilience. The S&P 500 dipped 0.42%, while the Nasdaq slid just 0.36%, as investors bet on de-escalation and diplomatic intervention by the U.S.
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