Ethereum briefly surpassed $3800 before a drop below $3600, while Binance Coin reached a new high of $800, highlighting market volatility.
The crypto market experienced notable volatility this week, with Ethereum nearing $4000 before falling below $3600, marking a 1.70% decrease. Binance Coin surged to $800, achieving a new record high with a 3.92% daily increase. Bitcoin briefly dipped below $115,000 but rebounded slightly. In addition, NFT trading volume increased significantly to $31.08 million, reflecting a 195.1% rise. An early investor sold over 80,000 BTC for more than $9 billion, and SEC Chair Paul Atkins confirmed that Ethereum is not classified as a security.