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Market sentiment shifts, with traders increasingly wagering against crypto price boosts.
Oluwapelumi Adejumo 2 min read
Despite the crashes registered last week, ENA and PENGU remained two outliers with 14.% and 8.4% weekly price increases, respectively.
Between July 31 and August 4, public treasuries absorbed nearly half of the selling pressure made by Bitcoin investors exposed via ETFs.
Ethereum is flooding public treasuries while gold sits shackled by 1940s law.
USDe's $3.1B influx raises questions about stability amid historic fiat dominance.
XRP outpaces top 10 assets with impressive climb amid broader market recovery.
Despite the proliferation of assets, value continues to concentrate in a few hundred coins at the top.
BNB Chain boosted significantly spot trading volumes, while Hyperliquid reigned on decentralized perpetual futures trading.
Reallocation by major holders drives BUIDL-I share class drawdown, impacting BlackRock fund's net outflow.