In the past 24 hours on 04 October 2024, market conditions for cryptocurrencies have been mixed. Bitcoin and Dogecoin are experiencing slightly bullish trends, while Ethereum and other altcoins show more positive momentum. Over the next week, Bitcoin is expected to continue with modest gains, while Ethereum may face minor setbacks.

Geopolitical tensions in the Middle East have dampened investor sentiment, leading to declines in major cryptocurrencies. Bitcoin fell 0.6% to $61,003, while Ethereum dropped 1.2% to $2,368. Non-farm job data from the US, expected later today, could influence the Federal Reserve's interest rate decisions, potentially impacting the broader market. Analysts suggest that if the U.S. economy remains strong, stocks and cryptocurrencies may have room to rise.

Binance’s market dominance has reached its lowest level since 2020, with its spot trading volume dropping by 22.9% last month. In contrast, Crypto.com has gained market share, rising to become the fourth-largest exchange.

Solana is gaining traction as a potential rival to Ethereum in real-world asset tokenization and stablecoins, thanks to its lower costs and faster transactions, although its price declined by 2.8%.

Ripple is expanding its operations in Brazil through a partnership with Mercado Bitcoin to improve treasury and international payment solutions. Meanwhile, TRON’s Q3 revenue surged due to interest in its memecoin generator, and Swift is preparing to test live crypto transactions next year, potentially bridging traditional and digital financial systems globally.