TLDR - Daily Market Report #653
Slow bleed week. $BTC printed its 5th red weekly candle, stuck around 68K with repeated 70K rejections.
- Fear & Greed between 9 and 14 all week. Extreme fear. Total market cap around 2.4T. Dominance rising, altcoins still 50 to 60 percent down.
- Gold at 5,106 and silver at 85 show risk-off mood.
- ETFs keep accumulating $BTC quietly. $ETH around 1,975 moving like a stablecoin while Sharplink stacked 870K ETH and BitMine keeps adding.
- Altcoins drifting. $XRP waiting for clarity. $BNB flat. $SOL low volume but meme activity alive. $HYPE generating 1.2M daily fees, real infrastructure play. $LINK steady with dev momentum.
- $SUI and $DOT still proving themselves. $POL and $RNDR crushed from highs. $STRK shipping despite price weakness.
- Major unlocks on $ARB and $KAITO add pressure. DeFi TVL dropping while RWA narrative grows. Capital rotating toward perceived safety.
Macro heavy. Attention shifting to AI. Builders still building. At some point, this flips.