Blockchain technology is gradually redefining how we live, work, and innovate. Which of these developments do you believe will bring the biggest efficiency boost to our daily lives?
Anonymous Poll
50%
A - Tokenization Assets
32%
B - Education on Blockchain
36%
C - On-chain data management
14%
D - Supply Chain Management
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. Event and Highlight News
II. Education
III. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
V. Communities
โข Telegram Channel: 83,620
โข Twitter: 415,019
โข Youtube: 18,300
โข Facebook: 11,020
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๐Weekly Market Highlights #124: November 11 - November 17
โจThe cryptocurrency market maintained its positive momentum last week following the US presidential election. BTC achieved a historic record for its best single-day growth on November 11. Altcoins also made headlines, with several experiencing significant price surges.
โจOver the past week, the crypto market total capitalization increased by ~$327B (from ~$2725B to ~$3052B).
โจBTC Reclaims $90K
โ BTC began the week on a strong note, surging from $80K to $85K on Monday and climbing to $88K by Tuesday. Following a brief correction, the cryptocurrency resumed its upward momentum on Wednesday, reaching nearly $94K.
โ Since the US elections, BTC has gained over $25K in value. However, reports soon suggested it had hit a local peak. By Friday morning, BTC began to pull back, dipping below $87K.
โ Despite this, BTC found support and regained momentum over the weekend, rallying past $91K on Saturday. While it dropped below $90K, it has since recovered and is now holding above.
โจAltcoins Keep Gaining Momentum
โ Many altcoins have outperformed BTC over the past week, as seen by BTC's declining dominance. XRP is the most notable example from the top 10 alts, surging by 90% weekly and rising above $1. SOL, TON, and AVAX are the other impressive gainers.
โ The most significant gains from the top 100 alts come from OM (200%), BONK (97%), XLM (90%), PEPE (65%), and FLOKI (43%).
โ The ETH ETF saw a remarkable surge last week after a prolonged period of underperformance, recording total inflows of $534M and a record weekly trading volume exceeding $1.63B. ETH reached its highest level since July at $3,442 before correcting to $3,150 at the time of writing.
โ Total 2 Index (Marketcap excluding BTC) is now at $1188B
โจBitcoin Fear and Greed Index is 83 - Extreme Greed, higher than at the beginning of the week (76)
โจDominance:
โ BTC: 58.8%
โ ETH: 12.3%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจThe cryptocurrency market maintained its positive momentum last week following the US presidential election. BTC achieved a historic record for its best single-day growth on November 11. Altcoins also made headlines, with several experiencing significant price surges.
โจOver the past week, the crypto market total capitalization increased by ~$327B (from ~$2725B to ~$3052B).
โจBTC Reclaims $90K
โ BTC began the week on a strong note, surging from $80K to $85K on Monday and climbing to $88K by Tuesday. Following a brief correction, the cryptocurrency resumed its upward momentum on Wednesday, reaching nearly $94K.
โ Since the US elections, BTC has gained over $25K in value. However, reports soon suggested it had hit a local peak. By Friday morning, BTC began to pull back, dipping below $87K.
โ Despite this, BTC found support and regained momentum over the weekend, rallying past $91K on Saturday. While it dropped below $90K, it has since recovered and is now holding above.
โจAltcoins Keep Gaining Momentum
โ Many altcoins have outperformed BTC over the past week, as seen by BTC's declining dominance. XRP is the most notable example from the top 10 alts, surging by 90% weekly and rising above $1. SOL, TON, and AVAX are the other impressive gainers.
โ The most significant gains from the top 100 alts come from OM (200%), BONK (97%), XLM (90%), PEPE (65%), and FLOKI (43%).
โ The ETH ETF saw a remarkable surge last week after a prolonged period of underperformance, recording total inflows of $534M and a record weekly trading volume exceeding $1.63B. ETH reached its highest level since July at $3,442 before correcting to $3,150 at the time of writing.
โ Total 2 Index (Marketcap excluding BTC) is now at $1188B
โจBitcoin Fear and Greed Index is 83 - Extreme Greed, higher than at the beginning of the week (76)
โจDominance:
โ BTC: 58.8%
โ ETH: 12.3%
๐ฃSee you next week!
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Players gather and engage in combat with historical generals as NFTs in the play-to-earn game War Three KingDoms. The game has a distinct token economy, strategic PvP and PvE, and idle gameplay.
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๐ We are thrilled to be a media partner for the upcoming โEmpowering Connections: DMCC and Vietnam Business in the Age of AI & Web3โ event, hosted by #Sightsea Labs & #DMCC!
๐ This event is a unique opportunity to explore the transformative power of #AI and #Web3 and discover how businesses in #Vietnam can tap into global markets and scale faster than ever.
Plus, participants will have the chance to meet Mr. Ahmed Bin Sulayem, Chairman & CEO of DMCC, who will share invaluable insights on the future of business in the digital age.
โฐ Time: 13:30 - 17:30 on November 27th, 2024
๐ Address: Capella Gallery Hall, HCMC
No. 24 3/2 Street, Ward 12, District 10, Ho Chi Minh City
๐ฅ Register Here (Limited Seat)
๐ข DMCC, Dubaiโs global business hub, supports over 24,000 companies from 180+ countries and offers a thriving ecosystem for blockchain, AI, and Web3 businesses to innovate, grow, and scale.
Whether youโre looking to expand your reach, innovate, or grow internationally, this is the event you wonโt want to miss!
๐ฅ Want to learn more and connect with the hosts? Explore the event details.
Stay tuned for more details and exclusive benefits as you join us for this game-changing event!
โญ๏ธ BSCS Official Media Channels:
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Plus, participants will have the chance to meet Mr. Ahmed Bin Sulayem, Chairman & CEO of DMCC, who will share invaluable insights on the future of business in the digital age.
๐ Address: Capella Gallery Hall, HCMC
No. 24 3/2 Street, Ward 12, District 10, Ho Chi Minh City
๐ฅ Register Here (Limited Seat)
๐ข DMCC, Dubaiโs global business hub, supports over 24,000 companies from 180+ countries and offers a thriving ecosystem for blockchain, AI, and Web3 businesses to innovate, grow, and scale.
Whether youโre looking to expand your reach, innovate, or grow internationally, this is the event you wonโt want to miss!
๐ฅ Want to learn more and connect with the hosts? Explore the event details.
Stay tuned for more details and exclusive benefits as you join us for this game-changing event!
โญ๏ธ BSCS Official Media Channels:
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๐ป๐ณ Vietnam Tech Impact Summit (VTIS) 2024 - Vietnamโs Premier Tech Event - Ticket Registration Now Open! ๐ป๐ณ
VTIS 2024, hosted by Vietnamโs tech and finance giants SSI and FPT, and organized by SSI Digital, opens doors to Vietnamโs booming tech market, connecting global and local players for impactful collaborations.
Spanning 4 key themesโAI, Fintech, Blockchain, and Gamingโthe summit features over 100 speakers from top global companies like Google, Amazon, Binance, and JP Morgan Chase, alongside Vietnamโs prominent names like VinAI, VietinBank, and Zalo Pay.
With 500+ companies and 20,000+ attendees (90% C-level), VTIS offers insights into cutting-edge innovations shaping Vietnam's tech landscape.
More than an event, VTIS is an all-in-one platform with conferences, workshops, networking, cosplay, game finals, live performances, and exclusive VIP parties. With 50+ side activities, itโs the ultimate tech gathering.
โก Get your FREE tickets now:
https://lu.ma/lf6fuot2
https://app.moongate.id/e/vtis24
โญ๏ธ VTIS Official Media Channels:
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๐Venue: BSCS Global Community
๐ฎ Rule
๐ We will provide 10 multiple-choice questions in this FORM
๐ By the end of the quiz, the top 10 most precise and quickest users will get the reward
โผ Notice
Submit your TON wallet address to receive the reward
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๐ค DMCC AI Centre - The Hub for AI Innovation & Global Connectivity! ๐
The DMCC AI Centre is a state-of-the-art facility designed to fuel the growth of AI and robotics companies worldwide. With access to world-class infrastructure, capital, and a dynamic ecosystem, this Centre is positioned to be the cornerstone for businesses looking to lead the AI revolution.
What makes the DMCC AI Centre stand out?
๐ Global AI Hub
Home to 50+ AI & robotics companies including industry giants like AMD, Autel Robotics, HIKVISION, Laipic, and QX Lab AI.
๐ Massive Growth Potential
With AI expected to add USD 15 trillion to the global economy by 2030, DMCC is positioning itself as the key catalyst for this transformation.
๐ Cutting-Edge Infrastructure
Fully equipped with modern office spaces, tech facilities, and essential business services to support AI development and scaling.
๐ Supportive Ecosystem
A dynamic environment designed to foster collaboration, knowledge-sharing, and cross-industry innovation.
๐ AI & Robotics Focus
Specializing in AI-driven advancements while welcoming opportunities across various industries.
๐ Access to Capital & Accelerator Programs
DMCC provides funding, mentorship, and accelerator opportunities for growth. Recent collaborations of DMCC include partnering with IBM Consulting to expand AI services and with QX Lab AI to develop innovative hybrid generative AI solutions.
๐ Networking Opportunities
Connect with leading AI talent, industry experts, and investors from around the world.
๐คต Mr. Ahmed Bin Sulayem, Executive Chairman & CEO of DMCC, shared:
"Weโre not running an AI company, we're supporting an AI community."
With its strategic location, world-class facilities, and visionary leadership, the DMCC AI Centre is setting the stage for the next era of AI-driven global business.
๐ Explore the DMCC AI Center today and join our networking event to take part in the AI โโrevolution that is changing global industries.
๐ฅ Register here (limited seat avaiable)
Ready to scale your AI business in a dynamic ecosystem? The future starts here.
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
The DMCC AI Centre is a state-of-the-art facility designed to fuel the growth of AI and robotics companies worldwide. With access to world-class infrastructure, capital, and a dynamic ecosystem, this Centre is positioned to be the cornerstone for businesses looking to lead the AI revolution.
What makes the DMCC AI Centre stand out?
Home to 50+ AI & robotics companies including industry giants like AMD, Autel Robotics, HIKVISION, Laipic, and QX Lab AI.
With AI expected to add USD 15 trillion to the global economy by 2030, DMCC is positioning itself as the key catalyst for this transformation.
Fully equipped with modern office spaces, tech facilities, and essential business services to support AI development and scaling.
A dynamic environment designed to foster collaboration, knowledge-sharing, and cross-industry innovation.
Specializing in AI-driven advancements while welcoming opportunities across various industries.
DMCC provides funding, mentorship, and accelerator opportunities for growth. Recent collaborations of DMCC include partnering with IBM Consulting to expand AI services and with QX Lab AI to develop innovative hybrid generative AI solutions.
Connect with leading AI talent, industry experts, and investors from around the world.
๐คต Mr. Ahmed Bin Sulayem, Executive Chairman & CEO of DMCC, shared:
"Weโre not running an AI company, we're supporting an AI community."
With its strategic location, world-class facilities, and visionary leadership, the DMCC AI Centre is setting the stage for the next era of AI-driven global business.
๐ Explore the DMCC AI Center today and join our networking event to take part in the AI โโrevolution that is changing global industries.
๐ฅ Register here (limited seat avaiable)
Ready to scale your AI business in a dynamic ecosystem? The future starts here.
โญ๏ธ BSCS Official Media Channels:
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๐ฅ Top 1: 3750 $W3KT
๐ Top 2-6: 1750 $W3KT/each
๐ Top 7-10: 750 $W3KT/each
๐ JOIN NOW ๐
๐ Complete mandatory tasks
๐ Increase your chances by inviting friends!
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VTIS 2024, hosted by Vietnamโs tech and finance giants SSI and FPT, promises a transformative and holistic experience.
1๏ธโฃ Meet top executives from Binance, KuCoin, Bitget, OKX, BingX, U2U, Tether, MEXC, and more
2๏ธโฃ Enjoy all-in-one tech platform with Conferences, Networking sessions, VIP gatherings, Afterparties, Cosplay Competitions, Runway, and Performances
3๏ธโฃ Learn from 100+ renowned speakers from global and local tech giants like Amazon, Google, Qualcomm, Vin AI, VietinBank
4๏ธโฃ Discover insights and future trends in 4 hottest themes: AI, Blockchain, Fintech, Gaming
5๏ธโฃ Network with potential business partners and create new opportunities
6๏ธโฃ Solidify your reputation among 20,000+ passionate attendees, including high-level professionals
7๏ธโฃ Engage in thrilling race with myriads of activities to hunt valuable exclusive treasures
โก Get your FREE tickets now:
https://lu.ma/lf6fuot2
https://app.moongate.id/e/vtis24
๐๐ช๐ฆ๐ต๐ฏ๐ข๐ฎ ๐๐ฆ๐ค๐ฉ ๐๐ฎ๐ฑ๐ข๐ค๐ต ๐๐ถ๐ฎ๐ฎ๐ช๐ต - ๐๐ฉ๐ฆ ๐๐ข๐ต๐ฆ๐ธ๐ข๐บ ๐๐ฐ ๐๐ช๐ฆ๐ต๐ฏ๐ข๐ฎ
โโโโโโโโโโโโโโโโโโโโโโ
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We will use 15% of the monthly IDO fee to buy back and burn more $BSCS, helping reduce inflation and enhance the token value.
โ Detailed transaction:
https://bscscan.com/tx/0x0e162db0095e6fa985b5e28e1ce385b7fa7506c68a6fed57a73314dc3e0569df
โ BSCS were burned via smart contract: 0x0000000000000000000000000000000000000000
โ Current Total Supply: 395,071,541 $BSCS
๐ Join our IDO Builder Program to increase the monthly $BSCS token burn & earn valuable rewards for your contribution!
๐ Become a BSCS Holder
๐ Apply to Launch on BSCS
๐ Stay tuned! More good news is coming your way!
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Weโre thrilled to welcome Mr. Mohammed Ibrahim Mohammed, Senior Manager of Corporate Sales at DMCC, as one of our esteemed speakers at the โEmpowering Connections: DMCC and Vietnam Business in the Age of AI & Web3โ event!
With his extensive experience in global trade and business development, Mr. Mohammed has played an instrumental role in driving DMCC's mission to empower businesses across the globe. As a key member of DMCCโs team, he is dedicated to fostering strategic partnerships and guiding companies in navigating the vast opportunities that Dubaiโs leading free zone offers.
๐ A Strategic Business Connector:
โจ Global Expansion Advocate
Supports businesses in leveraging DMCCโs unique offerings to enter and thrive in global markets.
โจ Trusted Advisor
Provides expertise in structuring solutions tailored to international growth and trade.
โจ Business Growth Enabler
Works closely with enterprises to ensure they can maximize their potential within DMCCโs ecosystem.
๐ Donโt miss the opportunity to gain practical insights from Mr. Mohammed as he shares how DMCCโs resources and support systems can fuel growth for enterprises globally!
๐ Weโre thrilled to have him on board and look forward to the incredible impact heโll continue to make in driving innovation and success!
๐ Donโt miss the chance to hear from Mohammed at our upcoming event!
๐ฅ Register here (limited seat avaiable)
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
With his extensive experience in global trade and business development, Mr. Mohammed has played an instrumental role in driving DMCC's mission to empower businesses across the globe. As a key member of DMCCโs team, he is dedicated to fostering strategic partnerships and guiding companies in navigating the vast opportunities that Dubaiโs leading free zone offers.
Supports businesses in leveraging DMCCโs unique offerings to enter and thrive in global markets.
Provides expertise in structuring solutions tailored to international growth and trade.
Works closely with enterprises to ensure they can maximize their potential within DMCCโs ecosystem.
๐ Weโre thrilled to have him on board and look forward to the incredible impact heโll continue to make in driving innovation and success!
๐ Donโt miss the chance to hear from Mohammed at our upcoming event!
๐ฅ Register here (limited seat avaiable)
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๐ Better than Yesterday with BSCS #45: Understanding Blockchain Roll-ups
Blockchain technology has revolutionized industries with its decentralized, transparent, and secure framework.
However, as the adoption of blockchain grows, a critical limitation becomes evident: scalability.
๐ The Scalability Problem
As the number of users grows, blockchain networks often struggle to process transactions efficiently.
With limited block space, networks like Ethereum can only handle a small number of transactions per second (TPS).
High user demand leads to network congestion, resulting in slower processing times and expensive fees โ challenges that prevent blockchain from reaching its full potential.
๐ฅ The Blockchain Trilemma
At the heart of this challenge lies the blockchain trilemma, which posits that blockchain networks cannot simultaneously achieve:
๐ข Decentralization
A trustless, distributed system.
๐ข Security
Resilience against attacks or manipulation.
๐ข Scalability
The capacity to process high transaction volumes efficiently.
Most blockchains prioritize decentralization and security, leaving scalability underdeveloped. This trade-off limits their ability to support the demands of real-world applications.
๐ The Path Forward
Enter Layer-2 scaling solutions, particularly Roll-ups, which offer a groundbreaking approach to addressing scalability without sacrificing blockchainโs core values
Stay tuned for more as we break down the technology transforming blockchain scalability!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
Blockchain technology has revolutionized industries with its decentralized, transparent, and secure framework.
However, as the adoption of blockchain grows, a critical limitation becomes evident: scalability.
As the number of users grows, blockchain networks often struggle to process transactions efficiently.
With limited block space, networks like Ethereum can only handle a small number of transactions per second (TPS).
High user demand leads to network congestion, resulting in slower processing times and expensive fees โ challenges that prevent blockchain from reaching its full potential.
At the heart of this challenge lies the blockchain trilemma, which posits that blockchain networks cannot simultaneously achieve:
A trustless, distributed system.
Resilience against attacks or manipulation.
The capacity to process high transaction volumes efficiently.
Most blockchains prioritize decentralization and security, leaving scalability underdeveloped. This trade-off limits their ability to support the demands of real-world applications.
๐ The Path Forward
Enter Layer-2 scaling solutions, particularly Roll-ups, which offer a groundbreaking approach to addressing scalability without sacrificing blockchainโs core values
Stay tuned for more as we break down the technology transforming blockchain scalability!
โญ๏ธ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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Bitcoin's recent rally has overtaken the crypto world, nearly reaching $100K! Let's hear your thoughts on the hottest blockchain topics right now: What's got you most excited about blockchain in 2025?
Anonymous Poll
58%
$BTC breaking $100K โ How far can it go?
29%
Rise of RWA tokenization
8%
DeFi 2.0 innovations and new earning opportunities
5%
Layer-2 solutions potential to redefine scalability
๐ฅ8๐2๐2
After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
๐๐ป Let's see if you missed any news!
I. New Partner
II. IDO Project
III. Event and Highlight News
IV. Education
V. Under Development
๐ DEX View
- Optimize and enhance the overall user experience
VI. Communities
โข Telegram Channel: 82,959
โข Twitter: 414,122
โข Youtube: 18,300
โข Facebook: 10,998
โญ๏ธ BSCS Official Media Channels:
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๐Weekly Market Highlights #125: November 18 - November 24
โจThe third week of November 2024 saw a significant surge in BTC prices, accompanied by notable events such as the SEC Chairman announcing his resignation, FTX confirming its payment timeline, MicroStrategy breaking records for BTC purchases, SOL hitting an all-time high, and XRP reaching its highest price in three years.
โจOver the past week, the crypto market total capitalization increased by ~$327B (from ~$3052B to ~$3336B).
โจBTC Calms to $98K
โ BTC started the business week trading at around $90K but quickly gained momentum, surpassing its all-time high of $93.8K by midweek. This surge was fueled by growing net inflows into spot BTC ETFs in the US.
โ The rally continued, peaking on Friday when BTC came tantalizingly close to $100K, reaching $99.6K on most exchanges. However, despite widespread anticipation and predictions from the community, it fell just short of the milestone. Since then, BTC has pulled back slightly, retracing to $98K.
โ Meanwhile, BTCโs dominance over altcoins has dipped to around 58%, sparking speculation about the possibility of an altcoin season.
โจFeatured News
โ MicroStrategy recently revealed that it spent $4.6 billion to acquire an additional 51,780 BTC at an average price of $88,627/ BTC. With this latest purchase, Michael Saylor's company has increased its total BTC holdings to 331,200, at an average acquisition price of $49,874 per BTC.
โ The SEC has confirmed that Gary Gensler will step down as Chairman on January 20, 2025, coinciding with Donald Trump's inauguration as President of the United States.
โ FTX has announced that it is nearing the completion of its restructuring process, expected in early 2025, which will pave the way for the commencement of payments to affected investors.
โ SOL solidified its position as a top 3 market asset by surpassing its all-time high of $264 and is currently trading around $252. Similarly, XRP hit a 3-year high of $1.63 and is now trading at approximately $1.45.
โ Total 2 Index (Marketcap excluding BTC) is now at $1332B
โจBitcoin Fear and Greed Index is 82 - Extreme Greed, lower than at the beginning of the week (83)
โจDominance:
โ BTC: 58.2%
โ ETH: 12.2%
๐ฃSee you next week!
๐ถ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
โจThe third week of November 2024 saw a significant surge in BTC prices, accompanied by notable events such as the SEC Chairman announcing his resignation, FTX confirming its payment timeline, MicroStrategy breaking records for BTC purchases, SOL hitting an all-time high, and XRP reaching its highest price in three years.
โจOver the past week, the crypto market total capitalization increased by ~$327B (from ~$3052B to ~$3336B).
โจBTC Calms to $98K
โ BTC started the business week trading at around $90K but quickly gained momentum, surpassing its all-time high of $93.8K by midweek. This surge was fueled by growing net inflows into spot BTC ETFs in the US.
โ The rally continued, peaking on Friday when BTC came tantalizingly close to $100K, reaching $99.6K on most exchanges. However, despite widespread anticipation and predictions from the community, it fell just short of the milestone. Since then, BTC has pulled back slightly, retracing to $98K.
โ Meanwhile, BTCโs dominance over altcoins has dipped to around 58%, sparking speculation about the possibility of an altcoin season.
โจFeatured News
โ MicroStrategy recently revealed that it spent $4.6 billion to acquire an additional 51,780 BTC at an average price of $88,627/ BTC. With this latest purchase, Michael Saylor's company has increased its total BTC holdings to 331,200, at an average acquisition price of $49,874 per BTC.
โ The SEC has confirmed that Gary Gensler will step down as Chairman on January 20, 2025, coinciding with Donald Trump's inauguration as President of the United States.
โ FTX has announced that it is nearing the completion of its restructuring process, expected in early 2025, which will pave the way for the commencement of payments to affected investors.
โ SOL solidified its position as a top 3 market asset by surpassing its all-time high of $264 and is currently trading around $252. Similarly, XRP hit a 3-year high of $1.63 and is now trading at approximately $1.45.
โ Total 2 Index (Marketcap excluding BTC) is now at $1332B
โจBitcoin Fear and Greed Index is 82 - Extreme Greed, lower than at the beginning of the week (83)
โจDominance:
โ BTC: 58.2%
โ ETH: 12.2%
๐ฃSee you next week!
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