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In the past 24 hours, the cryptocurrency market has experienced a series of fluctuations and significant events. Bitcoin saw a pullback after approaching a new high of $112,335, currently trading at approximately $118,740, with a daily fall of 2.85%. Ethereum also fell from a high of $4,366 to $4,297, with a daily drop of 0.59%. Solana broke below the $180 mark, currently reported at $175.47, with a daily fall of 5.88%. Overall, altcoins performed poorly, with DOGE experiencing a decline of 6.24%.
In terms of on-chain data, the total value locked (TVL) across the chain remains at around $149.9 billion, unchanged from the previous day. The SPARK token performed strongly, with its price soaring to $54.96 million, up over 40% for the day. TROLL, on the other hand, pulled back to $170 million. The 24-hour trading volume for decentralized exchanges (DEXs) is $15.857 billion, with a net inflow of $864.9 million for ETFs.
In terms of market hotspots, the Uniswap Foundation plans to establish a legal entity named DUNI in Wyoming, which may prepare for the opening of protocol fees. Trump stated that gold will not be taxed and included Bowman, Jefferson, and Logan in the list of candidates for Federal Reserve Chairman. The US and China issued a joint statement on the Stockholm economic and trade talks, agreeing to suspend some tariffs for 90 days. Fintech company Stripe partnered with Paradigm to develop the payment blockchain Tempo. Musk claimed that besides OpenAI, no other AI company can rank first in the App Store, and xAI will take legal action against Apple. In addition, the Nikkei 225 index reached an all-time high, with an intraday increase of over 1.5%.
These events reflect the complexity and fluctuation of the crypto assets market, while also demonstrating the close connection between traditional finance and emerging technologies. Investors should closely monitor market trends and weigh risks against opportunities.