For the week, a decrease of 0.95%, while Ethereum (ETH) performed slightly better, ending the week with an increase of 2.3%. Interestingly, the total market capitalization of cryptocurrencies rose by 4.7% from $3.286 trillion to close the week at $3.442 trillion.

Liquidations this week led to the liquidation of positions in both directions, with $365 million in short positions liquidated on Monday, while long positions were affected later in the week, with a total of $1 billion in long positions liquidated on Thursday and Friday. Financing rates remain weak overall, continuing the downward trend, indicating a trend towards risk aversion as the weekend approaches.

📌 Michael Saylor's strategy has acquired 1,045 BTC totaling $110.2 million at an average price of $105,426 per Bitcoin. - Link

📌 Gamestop announced the offering of $1.75 billion in convertible bonds with a 0% interest rate, maturing in 2032. Proceeds are allowed to be used to purchase Bitcoin. - Link

📌 The U.S. Securities and Exchange Commission has asked Solana ETF issuers to submit amendments to their S-1 filings, with approval possibly in the coming months. - Link

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