This week, the cryptocurrency market remained weak with range-bound volatility, as both Bitcoin and Ethereum experienced pullbacks, with market sentiment still gripped by panic. Stablecoin demand in Dubai surged, with USDC supply increasing by approximately $2.36 billion, reflecting growing demand for on-chain dollar liquidity. On the Solana platform, stablecoin market cap rose to $15.639 billion, with DeFi total value locked reaching $11.387 billion, indicating active capital flows within the ecosystem. Influenced by tensions in the Middle East, market focus shifted toward oil prices and inflation. Pump.fun's multi-chain expansion plans signal a shift in the competitive landscape of web-based meme platforms. Next week, major tokens including WBT (approximately $4.52 billion), BARD, and CONX will unlock, which could put pressure on prices.

BTC2.46%
ETH2.74%
USDC-0.01%
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