Bitcoin Dominance Surges as Halving Looms

1 min read
Source: Decrypt
Bitcoin Dominance Surges as Halving Looms
Photo: Decrypt
TL;DR Summary

Bitcoin's price has dropped to below $67,000 just a week before its halving event, down nearly 2% over seven days and struggling to regain its March all-time high. Ethereum is also down over 3% at $3,226, while Solana has plunged 13% to $142.62 due to network congestion issues. Uniswap's UNI token fell 33% following news of SEC scrutiny, and smaller tokens like Wormhole are down 46%. However, Toncoin has surged nearly 20% to $6.44 amid news of a potential IPO for Telegram.

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