Crypto Market Sees Mixed Trends: Arbitrum Rises, Nvidia Tops, MicroStrategy Buys More Bitcoin

Crypto Market Update

The cryptocurrency market is witnessing a mix of stability and volatility. The total TVL on L2 Beat stands at $9.55B, slightly down from yesterday's $9.58B.

Among the top Layer 2 networks, Arbitrum leads with a TVL of $2.96B, reflecting a 1.06% increase from yesterday. In contrast, Blast saw a decline of 1.60%, bringing its TVL to $2.05B. Base holds $1.60B, down by 0.12%. Optimism and Linea also faced drops, with TVLs of $707.44M (-0.53%) and $662.69M (-1.65%), respectively.

Bitcoin's price remains relatively stable at $65,024, a slight dip from $65,080 yesterday. Ethereum follows a similar trend, priced at $3,527 compared to $3,535 the previous day.

Today's fundraising activities amassed a total of $7.10M. The most significant rounds include Bondex securing $4.00M and ZKX raising $3.10M. Over the week, cumulative fundraising reached $121.30M.

In notable news, MicroStrategy has acquired an additional $786 million in Bitcoin, reinforcing its position as the top corporate Bitcoin holder under Michael Saylor's leadership.

Nvidia has emerged as the most valuable publicly listed company, with a market cap of $3.34 trillion, surpassing tech giants Microsoft and Apple.

Binance's decision to delist OCEAN and AGIX tokens supports the Artificial Superintelligence Alliance merger. This move has triggered a rally for AI-related crypto coins, with AGIX, OCEAN, and FET leading the surge.

Worldcoin's price surged by 14% following its launch in Ecuador and plans to return to Kenya after regulatory approval.

1inch Network has teamed up with Blockaid to introduce the 1inch Shield API, enhancing security within the network.