The crypto market traded rangebound without a dominant headline. As of now, $BTC is trading at $84,019, and $ETH is trading at $1,926. Bitcoin dominance stands at 61.67%.
BNB leads the L1 sector as it surpasses Solana in volume. CZ and He Yi have been pushing BNB memecoins like $MUBARAK, which has been listed in futures. Additionally, Binance has added an Alpha section to its main market page and announced zero-fee trading for all pairs in Binance Wallet until September.
A few notable headlines include: Ethena Labs and Securitize announcing the upcoming launch of Converge, a new blockchain designed to support DeFi and tokenized assets; Robinhood launching its Prediction Markets Hub; and Strategy acquiring 130 BTC for $10.7M at $82,981 per bitcoin.
Over the past 24 hours, the top three gainers were $CAKE, $PLUME, and $PRIME, while the top three losers were $PI, $SPX, and $AIOZ.