Happy Weekend, VIPs! Stay ahead with this week’s Market Commentary from Binance Research 📊

🪙$BTC Reaches New All-Time High

Bitcoin breaks barriers again, hitting an impressive new ATH of US$124K.

🔷 $ETH Outperformance

Ethereum shines this week, climbing approximately 18% as Bitcoin dominance begins to soften.

💲 New Stablecoin Developments

Circle and Stripe announce their own stablecoin-focused Layer 1 blockchains, while MetaMask prepares to launch its mUSD stablecoin.

📈 Market Sentiment Turns Risk-On

Markets are leaning risk-on, fueled by strong expectations that the Federal Reserve will cut interest rates at September’s FOMC meeting.

What market trend or project are you most excited about this week? Share your thoughts below 👇