HYPE & SOL lead L1s, Powell scares Markets, Base launches memecoin

HYPE & SOL lead L1s, Powell scares Markets, Base launches memecoin

HYPE & SOL lead L1s, Powell scares Markets, Base launches memecoin
FOMO HOUR EP339

BTC dives on Powell tariff comments, rebounds. BTC dominance at 4 year highs. BTC hashrate hits new ATH. BTC supply on exchanges dips to record lows. ETH 24 hour revenue drops below $100k. BTC/ETH ratio up ~100% in a year. HYPE & SOL lead rebound in L1s. SOL hits highest REV since February. Powell bullish on the path forward for crypto in US. BTC may be around for a long time: Gensler. Countries printing unlimited money to buy BTC: CZ. Russia floats plans to create stablecoin. Court pauses 18-state lawsuit against SEC. VanEck to launch ‘crypto-related ETF’.

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