TDLR - Daily Market Report
#640 -
$BTC at 70.5K after a tough week, network difficulty down 11 percent, ETF flows stabilising
- $ETH around 2,080 after touching much lower levels, Vitalik active again but sentiment still fragile
- Total crypto market cap at 2.5T, volume muted after Super Bowl, prediction markets saw huge activity
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$BNB at 635 with Binance FUD still circulating, a lot of noise and rage bait on X
- $XRP at 1.4, still one to watch under 1 dollar for long term believers
- $SOL at 86 with low chain activity, meme volume feels very bear market like
- $DOGE around 0.096, majors likely to move later in the cycle
- $ADA at 0.27, sentiment weak despite strong community
- Perp DEXs active, $HYPE at 33 showing relative strength but still high risk $Aster at 0.65 up.
- $LINK at 8.8, strong fundamentals but timing remains tricky
- Privacy coins struggling, $XMR at 336 and $ZEC at 237
- $AVAX near 9, $SUSHI around 1, many former favorites heavily punished
- $TON at 1.4, ecosystem worth exploring
- $UNI at 3.5 after buybacks
- Macro notes: India tightening tax oversight, Luxembourg opening retail funds, $USDT investing in a US regulated bank
- Gemini exiting parts of Europe and Australia shows pressure on exchanges
- $NEAR around 1 despite strong tech,
$POL stable near 0.10
- This week focus on Abstract XP, OpenSea incentives ending, and Mega ETH mainnet launch.