Crypto Crisp: Where Are the Memecoins? Solana Asks
The crypto market remains on a path to gradually recover its lost ground. Last week, U.S. Bitcoin spot ETFs saw strong net inflows, while Ethereum spot ETFs experienced a net outflow. However, a positive development for Ethereum is that its rollups reached a new all-time high in daily transactions, indicating they are steadily gaining more traction.
Over the weekend, both Bitcoin and Ethereum reached their highest levels since the crash three weeks ago. As we have emphasized repeatedly in recent weeks, we continue to anticipate a gradual yet steady recovery of the crypto market, with prices to return to their pre-crash levels over the next month.
Now, let us dive into this week’s top news.
The crypto market remains on a path to gradually recover its lost ground. Last week, U.S. Bitcoin spot ETFs saw strong net inflows, while Ethereum spot ETFs experienced a net outflow. However, a positive development for Ethereum is that its rollups reached a new all-time high in daily transactions, indicating they are steadily gaining more traction.
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