24-Hour Major Events in the Crypto Space! 1-Minute Overview of Overnight Market Trends
✨ Last Night's Compilation of Crypto Highlights, Don't Miss Out!
1⃣ $BTC briefly touched 124474, hitting an all-time high, surpassing Google to become the fifth largest asset globally! Just one step away from Microsoft. The total market cap of crypto rose to $4.263 trillion, setting a new historical high.
2⃣ $ETH briefly touched 4783, reaching a recent high. The Ethereum ecosystem is booming, with ARB, GTC, EIGEN, ETHFI, OP, and others leading the altcoin surge.
3⃣ $SOL prices are fluctuating around $200. Invesco Galaxy submitted an application for a Sol spot ETF, which could be a significant positive development.
4⃣ BTC market share has dropped to 58.9%, the altcoin season index has risen to 41, and the fear-greed index is at 68 (greed). Market sentiment has entered the FOMO stage, be cautious of retracement risks~
5⃣ Total value locked in DeFi has climbed to $197 billion, very close to the historical high of $206 billion. Among them, established DeFi projects like Aave, Uniswap, and Pendle are performing strongly.
6⃣ OKX upgrades the OKB economic model, planning to burn $7.6 billion worth of tokens, reducing the total supply to 21 million. OKB surged 146% to $113, with a market cap of around $26 billion, driving a general rise in platform tokens.
7⃣ Crypto trading platform Bullish #BLSH debuted at $68, rising 83%, with a market cap of about $9.9 billion. U.S. investors are once again FOMO buying into crypto concept assets.
8⃣ Base leading DEX project AERO soared 72% in a week, with a market cap of $1.1 billion, ranking first on the BASE chain.
9⃣ Standard Chartered: Raised the year-end target price for ETH from $4000 to $7500, and to $25,000 by the end of 2028. They believe ETH will benefit from the explosive growth of the stablecoin industry.