Daily Dose of Doc The global cryptocurrency market capitalization ranged from $3.59T to $3.77T, registering a modest gain of 0.44% to 1.3% over the past 24 hours. Total trading volume reached $195B–$199B. Bitcoin dominance settled between 55.98% and 59.12%, while Ethereum held 11.37%–11.8%. Sentiment stabilized with a rebound driven by renewed liquidity expectations following the U.S. government shutdown resolution. Major Price Movements Bitcoin (BTC): $104K–$106K, up 0.1%–4.3%, reclaiming $105K. Ethereum (ETH): $3,500–$3,606, up to 6.1%, supported by rising institutional interest and lower fees. Solana (SOL): $164–$166, up 2.7%–5.3%. XRP: $2.45–$2.49, up 11.3%. BNB: ~$975, mixed performance despite record BNB Chain activity. Top gainers included Filecoin, Dash, Tezos, and DePIN/AI/privacy tokens (FIRO, DCR, PYR, ICP). Altcoins outperformed Bitcoin as its dominance declined. Notable projects: UNI, KDA, IOTX, CORE, Velodrome, and NFT collections like CryptoPunks. Institutional and Financial Developments Crypto investment products recorded $1.3B in outflows for the second week, yet U.S. spot Solana ETFs posted 10 straight days of inflows. BitMine added 110,288 ETH to its treasury. Gemini reported doubled revenue but a $159.5M net loss post-IPO. JPMorgan’s Kinexys and DBS Bank launched a 24/7 tokenized deposit interoperability system. Coinbase introduced 3.75% savings accounts in the UK and revamped its ICO platform. Block enabled Bitcoin payments for 4M Square merchants. Regulatory and Ecosystem Updates The U.S. Senate Agriculture Committee released a draft bill clarifying regulatory oversight of digital assets. DeFi TVL and NFT sales rose markedly; BNB Chain hit all-time highs in activity. UNDP initiated blockchain training programs. Trends favored utility-focused AI projects and hardware wallets. Additional highlights: Aevo tokenomics overhaul, Assemble AI x Uquid partnership, and growing modular blockchain adoption via Cosmos SDK.
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