đ **Crypto Market Update: ETH Outpaces BTC, Solana Memecoin MOTHER Gains**
- The Asia trading week kicked off slowly, with Bitcoin (BTC) up 1.2% and Ethereum (ETH) up 2.6%.
- ETH outperformed BTC in daily gains, trading above $2,600, while BTC is above $63,700.
- Solana's memecoin MOTHER, backed by Iggy Azalea, rose 4% following its presence at Breakpoint in Singapore.
- Market remains relatively flat overall, with the CoinDesk 20 index up less than 1%.
- Notable liquidations: $64.23M in shorts and $54.42M in longs over the past 12 hours.
- Pendle, a project backed by Arthur Hayes' Maelstrom fund, dropped 6.5% after Maelstrom reduced its position for liquidity.
đŹ What are your thoughts on these market movements? Share in the comments!