Is anyone still here?
All the key events you missed in the cryptocurrency space last week 👇
• Bitcoin price fell below $75,000, triggered by a stronger dollar, ETF outflows, and a commodity sell-off, resulting in approximately $2.5 billion in liquidations within 24 hours.
• Silver prices plummeted by over 30% in a single day, from around $121 per ounce to below $80.
• Gold prices fell 13% from their all-time high of around $5,600 to the $4,400-$4,700 range, influenced by a stronger dollar and hedge fund liquidations.
• Gold surpassed the dollar to become the world's largest reserve asset, with central banks holding over $4 trillion in gold, while foreign holdings of US Treasury bonds amounted to approximately $3.9 trillion.
• MicroStrategy added 855 bitcoins (worth $75 million), and BitMine also increased its Ethereum reserves, indicating that corporate buyers continue to accumulate despite the price decline.
• Base launched Moltbook, a Reddit-like AI agent platform on which $MOLT briefly appeared. Its market capitalization once soared to approximately $93 million, but plummeted by over 75% after security issues surfaced.
What did I miss?