TL;DR

Markets:

• BTC is down & ETH is down

• BTC over-performed ETH this week 

• Bitcoin dominance is up

• DOGE is down & SHIB is down

• The hot coin we look at this week is $EOS

Airdrops:

• $VIRTUAL

• $SHRAP

• $CESS

• $CENT

News:

• Grayscale Launches Two Bitcoin Income ETFs

• Tether Boosts Bitcoin Holdings

• Fidelity Offers BTC, ETH, LTC in New No-Fee Crypto IRA

• Ethereum Targets May 7 for Pectra Upgrade

• Akash Launches MCP Server for AI-Driven Deployments

• Nolus v2 Launches with Major DeFi Upgrades

• Markets Plunge on New Tariff Plans

• Crypto Investors Lost $1.67B in Q1 Hacks

Memecoins:

• DOGE is down

• SHIB is down

• Altcoin Sell-Off on April 1 Sparks Market Turmoil

• Shiba Inu Faces 20% Drop, Burn Rate Rises 30%

• Elon Musk Denies U.S. Government Adoption of Dogecoin

• Husky Inu Announces HINU Token Launch Date

• DOGE Official at DOJ Faces Hacking Past Scrutiny

• Elon Musk Denies DOGE Resignation Rumors

And much more!

BTC, ETH, DOGE & SHIB Market Update 📈

Crypto is down this week, with BTC down 0.5% and ETH down by 4.9%:

Bitcoin dominance has increased over the week, starting from 58.8% to a high of 59.98% and ending at 59.79%. Investor sentiment, regulatory changes, technological advancements, and the overall growth of the cryptocurrency sector shape Bitcoin's market dominance. Its reputation as "digital gold" also enhances its position, making it a key player in the market.

It’s going to be interesting to see whether this trend will continue in the short term, as capital in crypto tends to flow initially to BTC and then further out on the risk-curve, starting with altcoins like ETH and then into mid- or low-cap coins.

Subscribe to Premium to read the rest.