MARKET OVERVIEW 📈
Bitcoin Bitcoin
$94,982.26
% CHANGE
7D ▼2.67%
30D ▲1.48%
Ethereum Ethereum
$3,325.86
% CHANGE
7D ▼1.75%
30D ▼2.9%
Bitcoin traded in a low liquidity environment this week, with prices fluctuating between $92k and $99k before falling. The total cryptocurrency market cap is down slightly to $3.6k (-1%).
BTC: Down 2.50% this week.
ETH: Underperforming, down 3.86%.
Liquidations: $655 million on Friday in long liquidations; short liquidations muted by ~$150 million daily.
Funding rates: remained low across the board, reflecting reduced demand for leverage.
Key events this week include:
-MicroStrategy purchased another 5,262 BTC (~$561 million) at an average price of $106,652.
-Donald Trump appointed Robert “Bo” Hines as the executive director of the Crypto Council.