In accordance with Bijié Wǎng, Bitcoin rebounded to $112,800 after hitting $111,000, but remains below key moving averages, with liquidity analysis indicating potential for a pullback. DEX competition intensified, with Aster reporting $7.2 million in daily revenue compared to Hyperliquid's $2.79 million, reflected in a 37% surge in ASTR versus HYPE's underperformance. Solana's launchpad activity hit a four-month low with $117 million in volume and fewer than 100,000 active wallets. Arca's CIO noted the crypto rebound remains selective, focusing on ETF-backed assets like BTC and ETH. Traditional markets saw the dollar strengthen amid Powell's cautious stance on rate cuts, while Nasdaq futures signaled risk appetite.
Aster Surpasses Hyperliquid in DEX Revenue Amid Bitcoin's Volatility
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