Ethereum Futures Surge
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- 📈 Ethereum Futures Open Interest Booms. ETH futures open interest has surged to a new high of $20.8 billion, with positive funding rates and record leverage ratios indicating traders are heavily betting on rising ETH prices.
- 🚀 Solana Hits Record High Over $260. Two years after plunging to $8 during the FTX collapse, SOL has soared to a new all-time high above $260 following a 386% year-over-year surge.
- ❎ Polymarket Blocks French Traders. The predictions marketplace has restricted access for French users following an investigation by France’s national gaming authority, the ANJ, over compliance with gambling laws.
📸 Daily Market Snapshot: Is it 2021 again? Last cycle's retail favorites— including XRP, EOS, Stellar, Cardano, and Sologenic—litter the top gainers board today. Meanwhile, BTC is sitting just under $100k, and Jim Cramer finally flipped bullish after urging investors to exit at the pico-bottom. It's beginning to look like the next big bull run might just be getting started.
| Prices as of 1pm ET | 24hr | 7d |
|
Crypto $3.3t | ↗ 1.2% | ↗ 11.5% |
|
BTC $98,999 | ↗ 0.7% | ↗ 10.3% |
|
ETH $3,297 | ↘ 1.6% | ↗ 8.6% |
|
MORPHO $0.93 | ↘ 21.7% | ↘ 45.4% |
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