Crypto Weekly Recap:

• Bitcoin: Optimism around a potential Federal Reserve rate cut pushed Bitcoin above $63,000, but resistance at $64,000 remains a hurdle. Miners are grappling with rising costs, which could lead to sell-offs, yet institutional confidence in Bitcoin remains strong.

• Ethereum: The market is buzzing with talk of a possible “DeFi summer” fueled by Fed rate cut expectations and upcoming network upgrades. However, Ethereum is struggling to break through resistance at $2,760, remaining in a consolidation phase.

• Toncoin: The arrest of Telegram founder Pavel Durov caused a sharp price drop, creating uncertainty. Nevertheless, the Toncoin community remains resilient, focusing on decentralized development despite the challenges.

Market Outlook: Bitcoin and Ethereum are facing crucial resistance levels, while Toncoin’s recovery will depend on legal outcomes and the strength of its community.

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