The cryptocurrency market shows mixed trends, with Bitcoin, Ether, Binance Coin, and Uniswap experiencing slight bearish conditions, while Cardano, Ripple’s XRP, Dogecoin, and Polkadot exhibit a minor bullish trend. Over the next week, Bitcoin may remain under pressure, while Cardano and Solana are expected to perform positively.

Recent geopolitical tensions in the Middle East and the absence of new Chinese stimulus measures have dampened market sentiment. Investors are also anticipating upcoming U.S. inflation data, which could impact Federal Reserve rate cut expectations.

Bitcoin’s price fell 1.2 percent to $62,702. In U.S. political developments, odds of a Republican presidential win have increased, potentially leading to a new SEC Chair, Dan Gallagher.

FTX's bankruptcy plan was approved, allowing clients to recover up to $16 billion in assets, with smaller claimants receiving at least 118 percent of their claims.

Solana’s memecoin market has surpassed $10 billion, with most new tokens trading on the Solana blockchain. The largest memecoin on Solana, Dogiwifhat (WIF), holds a market cap of over $2.7 billion.

USDT usage grew by 24 percent over the past year, with Tether marking its 10th anniversary by announcing a documentary on its impact in inflation-stricken regions.