Will Bitcoin continue to decline?

Ritu13

1. Bitcoin continues to decline. Will it continue to trend downward? The ongoing decline in Bitcoin is erasing gains from previous weeks. Meanwhile, the total market capitalization of the crypto market is facing its largest drop since the approval of the BTC ETF was proven to be a sell-off news.
2. Glassnode: How does the Cancun upgrade affect Ethereum's token policy? The Dencun upgrade on Ethereum introduces new data storage capacity aimed at reducing the cost of its Layer 2 scaling solutions. This upgrade also imposes fixed limits on entry into validators to manage the growth of validator sets and maintain efficient node communication. This change may reduce the issuance rate of Ethereum, thus affecting Ethereum's token policy and potentially leading to a decrease in Ethereum supply.
3. Exploring the Design Space of Parallel Blockchains Using Solana, Sei, and Monad as Examples This article will outline the parallel design architecture of blockchains, borrowing from three related examples: Solana, Sei, and Monad. The article emphasizes the differences between optimistic parallelism and deterministic parallelism and understands the subtle differences in state and memory access on these chains.
4. Coingecko: 2024 RWA Report - The Rise of Real-World Asset-backed Crypto Assets Assets pegged to the dollar dominate among fiat-backed stablecoins, accounting for 99% of all stablecoins; commodity-backed token market cap reaches $1.1 billion, with gold remaining the most popular commodity; tokenized sovereign debt products grew by 641% in 2023, currently valued at over $861 million; private credit demand is primarily concentrated in the automotive industry, accounting for 42% of all loans.
5. What are the most popular blockchain ecosystems currently? Who are the most popular L2s? The Solana ecosystem has become the most popular blockchain ecosystem so far this year, accounting for 49.3% of global cryptocurrency investors' interest in specific chains. Solana's sustained rebound to its 2021 high, along with strong performances of key ecosystem projects' tokens like Pyth and native meme coins like Dogwifhat, have propelled Solana ecosystem to dominance.

Indra55

Adjustment in the bull market.

Jafar224

Bitcoin has returned to $67,000.

Jiger955

Bitcoin has also experienced some pullback.

Jatin255

Whether it will continue to decline is also unknown.