💌 This Week’s Crypto Market Highlights 💌

⚫ Bitcoin Falls Below $93,000: After reaching a high of $108,000, Bitcoin has seen a pullback, now trading under the $93,000 mark. This fluctuation adds to the ongoing volatility in the market.

⚫ Russia to Ban Crypto Mining in 10 Regions: In a significant move, Russia plans to impose a ban on crypto mining in 10 regions, potentially impacting the mining industry and global supply.

⚫ Singapore Leads Crypto Hub Race: Singapore has emerged as a key player in the global crypto landscape, surpassing Hong Kong to solidify its position as the top crypto hub in Asia.

⚫ 40% Chance of Fed Rate Hike in 2025: According to Apollo Management, there is a 40% chance of a Federal Reserve rate hike in 2025, which could have wide-reaching impacts on the crypto and financial markets.

⚫ Coinbase Hits $119B Weekly Trading Volume: Coinbase continues to dominate, reaching a $119 billion weekly trading volume and $20 billion daily—showing strong demand for crypto trading.

⚫ Solana Sets Record with 72.8M Daily Transactions: Solana has broken its own record, achieving 72.8 million daily transactions, highlighting its growing strength in the blockchain space.

⚫ Montenegro Signs Decision to Extradite Do Kwon: Montenegro has officially signed the decision to extradite Do Kwon, the founder of Terra (LUNA), to the U.S., where he faces fraud charges.

Stay tuned as we continue to monitor these developments and their potential impact on the crypto market! 📈

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