TL;DR

Markets:

• BTC is up & ETH is up

• ETH over-performed BTC this week 

• Bitcoin dominance is down

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

Airdrops:

• $GENI

• $MOKA

• $GRASS

• $BTC

News:

• Bitcoin Soars on Trump’s Pro-Crypto Presidency Win

• Fed Cuts Rates, Bitcoin and Equities Surge

• Michigan Pension Fund Invests $10M in Ethereum ETF

• Ethereum Researchers Resign from EigenLayer Advisory Roles

• Injective & ASI Launch AI-Powered DeFi Integration

• Drop Launches On-Chain Validator Referrals

• Pro-Crypto Candidates Dominating U.S. Elections

• Binance Labs Invests in BIO Protocol to Revolutionize DeSci

And much more!

BTC & ETH Market Update 📈

Crypto is up this week, with BTC being up 10.3% and ETH up 21.4%:

Bitcoin dominance has decreased over the week, starting from 56.6% to a high of 57.34% and ending at 55.86%. 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.