In this week’s episode, we break down the latest moves in the crypto markets:
Bitcoin dropped 4.2%, Ethereum slipped 2.6%, and Solana corrected by 12.5%, while NASDAQ gained 2%.
The market sentiment remains neutral, with the total crypto market cap sitting at $3.26 trillion.
On-chain data shows Tron, Uniswap, and Lido leading in revenue, while Aave, Lido, and EigenLayer top the TVL rankings.
Revenues across Ethereum, Bitcoin, and Solana remain subdued compared to earlier in the year.
Macro data surprised positively with lower inflation, while Fed rate decisions remain stable for now.
In crypto news: strong fund inflows into Ethereum, DEXs gaining record market share, and regulatory delays for Solana & Ethereum staking ETFs.
Stay tuned as we unpack the key data, trends, and developments that are shaping the digital asset markets.
🔗 More insights at: altfins.com