This week, the cryptocurrency market experienced varied performances across key assets, reflecting both regulatory and market-driven factors. Bitcoin (BTC) dropped by 3.57%, a decline attributed to growing concerns over the U.S. Federal Reserve’s hawkish stance on interest rates and the uncertain macroeconomic environment, as reported by CoinDesk. On the other hand, Ethereum (ETH) saw a modest decline of 1.81%, but it remains at the center of positive market developments. According to CoinTelegraph, the upcoming Ethereum futures ETFs in the U.S. are fueling anticipation among institutional investors, which could catalyze further adoption and price recovery. Meanwhile, Uniswap (UNI) surged by 5.88%, one significant contributor is the anticipation surrounding the upcoming Uniswap v4 upgrade, which promises to bring improvements in gas efficiency and liquidity management, attracting attention from both retail and institutional investors. According to CryptoSlate, these new features are designed to improve the user experience and increase trading volumes, further strengthening Uniswap’s market position. XRP recorded a 2.88% gain, bolstered by ongoing positive sentiment surrounding its legal battle with the SEC. Recent court rulings have been seen as favorable to Ripple Labs, giving XRP a boost as investors feel more confident about its regulatory future, as reported by CNBC.
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