Once the belle of the blockchain ball, AVAX’s value took a nosedive-59.0% QoQ and 65.5% YoY-leaving wallets emptier than a poet’s pocket. From a princely $30 to a humble $12.30-the descent was swift enough to make even the most stoic blush. Yet, amidst this financial fumble, the network’s usage kept climbing like a well-bred dandy, unphased by the tragic comedy of token price.
Himanshu Sinha, writing on X, insists that Bitcoin was meant to be digital gold, a project for de-dollarisation. But the ledger keeps score differently: gold and silver are winning the trade. Over the past year, gold is up about 55%, silver around 150%, while BTC has stood still-like a professor at a lecture on a windy day.
Elon Musk’s flirtation with a merger among SpaceX, Tesla, or the enigmatic xAI has nudged into the foreground a quieter empire-chunk: one of the planet’s most formidable corporate bitcoin troves.
The precious metals, once the darlings of the market, now find themselves in a predicament most dire. Led by gold and silver, their historic bullrun may be drawing to a close, like a grand ball interrupted by the first light of dawn.
Ah, Aleš Michl-the prophet of the digital age-insists that the financial universe should stop fighting the tide of the future. Instead, he suggests, “Build it, test it, understand it,” as if constructing a spaceship out of Lego bricks. His call to banks, investors, and the general public is clear: get hip or get left behind in the archaic analog world. Spoiler alert: Bitcoin could, quite humorously, turn your savings into digital dust.
Trump made this brilliant announcement on Friday, setting Warsh up to take over when Powell’s term ends in May 2026, assuming the Senate doesn’t decide to make this a sitcom. Spoiler alert: they might.
Once a stalwart sentinel at $2,710 since the winter of December, our dear Ethereum has stumbled into the abyss below this threshold, leaving analysts like Ardi to ponder if a more profound descent is imminent. “Very critical, indeed!” they exclaim, as if auditioning for a dramatic reading. Should ETH falter here, one fears the specter of $2,620 will emerge from the shadows, ready to claim another victim.
The signs, my dear, are as unmistakable as a peacock’s plumage. Copper, it seems, is on the brink of a rally that would make even silver blush with envy. And by 2026, tokenized copper may well be the belle of the ball, leaving its more ostentatious siblings in the dust.
The total market capitalization of crypto, once a proud emperor striding through its kingdom at $3.05 trillion, has now shrunk to a mere $2.88 trillion-like a grand feast that turns into a single crumb under the table, robbing the unsuspecting of nearly $200 billion!
The result? A financial fiasco, my friends! Over $1.7 billion in positions liquidated faster than a Mel Brooks punchline. That’s right, 270K traders are crying into their blockchain-themed pillows, with leveraged bulls losing a whopping $1.6 billion. Coinglass data doesn’t lie, folks-it just sits there and judges you.
