FOMO HOUR 177 - BITCOIN BACK BELOW 60K

from FOMO HOUR: A Daily Crypto & Web3 News Show · host Decrypt Media

BTC: 59.5k (-2%), ETH: 2675 (0%), SOL: 150 (-2%). Top Gainers: SUI. BTC drops below $58k, stablecoin growth slows. Crypto funds saw $176m of inflows last week. ETH ETF weekly flows positive for first time. BTC ETF options now expected this year. WBTC custody FUD with Justin Sun involvement. Crypto trading volume up 19% to $4.94T in July. ETH median gas price hits 5-year low. Tether calls Celsius $3bn lawsuit a ‘shake-down’. Base processes 3.5m daily transactions. Crypto VC funding rose to $2.7bn in Q2. SUI rises, MATIC drops out of top 20. Unlocks for APT, STRK, ARB & SAND this week.

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This episode was published on August 12, 2024.

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