Wow, what a week in the wild world of crypto! The overall market cap has soared past a whopping $2.4 trillion, with Shiba Inu (SHIB) stealing the spotlight with a major price surge.
First off, let's talk about Bitcoin. Our favorite digital gold is making a serious push to break the $66K barrier, a level it hasn't touched since early August. Despite some roller-coaster moments, the bulls are holding strong. With the US presidential elections looming, expect the market to keep us on our toes.
Speaking of elections, both Donald Trump and Kamala Harris have voiced support for the crypto industry. Trump's been pretty vocal about his Bitcoin love for a while, but Harris just recently jumped on the blockchain bandwagon, pledging to keep the US at the forefront of emerging tech like AI, quantum computing, and, you guessed it, blockchain. Interesting times ahead!
Big news for Binance fans—Changpeng Zhao (CZ) got an early release from prison, cutting his 4-month sentence short. He's back in action, which could be a bullish sign for the market.
But if you thought Bitcoin was the star, think again. SHIB, the dogecoin-inspired meme coin, shot up by a staggering 40% in just a week! Meme coins are making a comeback, and SHIB is leading the pack.
Here's the latest market snapshot:
– Market Cap: $2.412T
– 24H Volume: $115B
– BTC Dominance: 53.8%
Price check:
– BTC: $65,682 (+3.3%)
– ETH: $2,654 (+4.2%)
– BNB: $608 (+6.6%)
In other juicy news:
– Former SEC Chair Gary Gensler got roasted by pro-crypto Republican Tom Emmer, calling him the most “historically destructive and lawless” chair ever.
– BlackRock is seeing massive inflows into its Bitcoin ETFs, as US Bitcoin holdings climb.
– A Satoshi-era wallet moved Bitcoin mined way back in 2009, after nearly 15 years of dormancy. Whoa!
– In a funny twist, Sean ‘Diddy' Combs is reportedly sharing a prison cell with ex-FTX boss Sam Bankman-Fried. Talk about strange bedfellows!
And don't forget to check out our latest chart analysis on Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Stay tuned and keep those crypto engines revving!
