Ether Leads Bitcoin in Gains as Crypto Market Remains Flat
As major crypto events Token 2049 and Solana's Breakpoint wrapped up in Singapore, Ether $ETH outpaced Bitcoin $BTC in daily gains. ETH rose 2.6%, trading above $2,600, while BTC gained 1.2%, trading above $63,700.
Mixed liquidations saw $64.23 million in short positions wiped out. BTC gained 9.5% over the week, with ETH up 16%.
Solana $SOL stayed flat after the Breakpoint conference, while Pendle dropped 6.5% after Arthur Hayesâ Maelstrom fund reduced its position. However, Pendle is still up 24% for the week.
Memecoin MOTHER, backed by Iggy Azalea, gained 4.5% after announcing a new casino project, Motherland.
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