This week, bitcoin reached $87,000 for the first time since late January on massive ETF inflows, only to be rejected and drop back to around $83,500. Altcoins significantly outperformed, with impressive weekly gains: BTW surged 73%, ENA rose 52%, NEAR climbed 45%, ONDO gained 40%, and SUI jumped 39%. The crypto market cap stands at $3 trillion with $113 billion in 24-hour volume, while bitcoin dominance fell roughly 2%. Among other notable events, Bitget reported a $351 million hot wallet hack, Zcash surpassed $1,600 following the launch of Europe’s first ZEC ETP, and Strategy expanded its holdings to 846,000 BTC after purchasing 950 more units.
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