MARKET OVERVIEW 📈

Bitcoin Bitcoin
118,266.88 US dollars
% CHANGE
7D ▲0,46%
30D ▲12,95%
Ethereum Ethereum
3576.27 US dollars
% CHANGE
7D ▲20,59%
30D ▲41,83%
Bitcoin (BTC) finished the week with a growth of 3.13%, while Ethereum (ETH) continued to rise against it, gaining 18.10% over the week. The total market capitalization of the cryptocurrency market increased by 9.65%, ending the week at $3.873 trillion, compared to $3.532 trillion the week before.

This week, liquidations mainly occurred on short positions as the markets continue to rise, although pullbacks have still led to the liquidation of significant long positions, indicating an increased leverage in the system. Funding rates continue to gradually rise, and for most major companies, they have reached double-digit values, indicating a renewed appetite for risk.

The most interesting this week:

Michael Saylor's Strategy company acquires 4225 BTC for a total amount of 472.5 million dollars, resulting in their total amount of 601,550 BTC.
An unknown BTC whale, controlling over 80,000 BTC, transferred 40,009 BTC to Galaxy Digital for over-the-counter sale, while still holding 40,192 BTC.
The White House successfully accepted all three cryptocurrency bills: the GENIUS Act, the Clarity Act, and the Government's Counteracting Oversight of CBDC Act.
This week, there was a convergence in both the cryptocurrency and stock markets: Bitcoin and stock indices reached historical highs. Positive inflation data and the overall positive sentiment surrounding Trump's "Cryptocurrency Week" contributed to constructive price dynamics across the board: the S&P 500 index rose by 0.67% over the last week, while the Nasdaq increased by 1.42%.