Weekly Market Highlights #41: April 3 - April 9

✨The low trading volumes during the weekend have resulted in a stalled Bitcoin performance as the asset sits quietly at around $28K.

✨Over the past week, the crypto market increased ~$24B (from ~$1,156B to ~$1,180B) of its total capitalization

✨BTC Boring at $28K
✅The working week brought a lot of volatility, especially its start when BTC plummeted by roughly a grand following the fake news surrounding Binance and its CEO. As it turned out that Interpol had not issued a Red Notice on CZ, BTC recovered all losses and even went on the offensive toward $29K.

✅The subsequent rejection drove it further south, and BTC fell beneath $28K just a few days later.

✅Since then, it has been unable to bounce back up substantially and trades in a tight range between $27,8K and $28,2K.

✅Its market capitalization has dipped below $54B, while its dominance over the altcoins has regained some ground and stands at just over 46%.

✨Light Red Altcoins on A Weekly Scale
✅BSCS is trading at $0,01575: +1,19% from its 7-day all-time low of $0,01556.

✅ETH was among the best performers during the week, surpassing $1,95K for the first time in almost eight months. However, ETH failed to maintain that run and has declined by over $100 since then, currently trading below $1,85K.

✅Two of the most popular ETH liquid staking tokens – LDO and FXS – have posted even more substantial losses today. Both assets are down roughly 8% to $2.32 and under $9, respectively.

✅Most larger-cap altcoins are in the red as well, albeit in a less painful way. This includes BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC, SHIB, and AVAX – all of which have dropped by up to 3% in a day.

✨Bitcoin Fear and Greed Index is 62 - Greed, lower than at the beginning of the week (63)

✨ Dominance:
✅BTC: 46.2%
✅ETH: 18.9%

📣Stay tuned! The market's highlights will be updated by BSCStation 😎

⭐️BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube

📣 Dear community, BSCStation is honored to announce our newest partner with UrDEX Finance - A non-custodial, perpetual Decentralized Exchange on the Arbitrum Chain!

🌐 UrDEX is a community-driven project that aims to solve the liquidity problem by enabling disparate forms of liquidity to connect with markets in a decentralized way.

The project offers a comprehensive range of products and services, including a Decentralized Exchange, a Decentralized Perpetual Exchange, yield instruments, an AMM framework and staking, and a Launchpad. UrDEX's unique approach is that it intertwines many decentralized markets and instruments, creating a broader range of network effects.

🤝 The partnership is going to bring plenty of benefits to both BSCStation and UrDEX Finance with many strategic activities, which include but are not limited to:

✅ UrDEX Finance’s IDO on BSCStation
✅ Community Expansion
✅ Cross-marketing activities

🙌 We are excited about the significant value this collaboration will bring to both projects and the community.

👉 Read the detailed article about our partnership Here

⭐️ UrDEX Finance Official Media Channels:
Website | Testnet | Twitter | Telegram Channel | Telegram Group | Discord | Substack

⭐️ BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube