TL;DR

Markets:

• BTC is up & ETH is up

• BTC underperformed ETH this week 

• Bitcoin dominance is up

• DOGE is down & SHIB is down

• The hot coin we look at this week is $PAXG

Airdrops:

• $FLAMES

• $XAUT

• $METH

• $WIZARD

News:

• US Buying 1M BTC Could Push Price to $1M

• SPAR Switzerland Now Accepts Bitcoin

• ETH Whale Resurfaces, Purchases Millions in ETH

• Vitalik Buterin Compares Polymarket and Pump.Fun

• Wunder Joins Secret Network for Private AI Tools

• Sui Partners with Babylon Labs to Expand BTCfi Reach

• Coinbase Distances Base from $15M Memecoin Fallout

• Trump Plans Real Estate Crypto Game

Memecoins:

• DOGE is down

• SHIB is down

• PumpSwap Hits $2.5B in Weekly Trades

• Dogecoin at a make-or-break level

• Raydium Launches LaunchLab to Rival Pump.fun

• Whale Converts $5M Into TRUMP Tokens

• Coinbase Distances Base from Memecoin Fallout

• TRUMP Team Withdraws $4.6M from Liquidity Pool

And much more!

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC up 1.2% and ETH up by 1.5%:

Bitcoin dominance increased over the week, starting at 60.67% and reaching a high of 61.02%, before settling at 60.91%. Investor sentiment, regulatory changes, technological advancements, and the overall growth of the cryptocurrency sector shape Bitcoin's market dominance. Its reputation as "digital gold" also enhances its position, making it a key player in the market.

It’s going to be interesting to see whether this trend will continue in the short term, as capital in crypto tends to flow initially to BTC and then further out on the risk-curve, starting with altcoins like ETH and then into mid- or low-cap coins.

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