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  • 🌙 Crypto Markets Gain as U.S. Dollar Drops, Wholesale Inflation Cools

🌙 Crypto Markets Gain as U.S. Dollar Drops, Wholesale Inflation Cools

BTC, ETH and SOL climbed as the Dollar Index dipped under 100 for the first time since July 2023.

Crypto Roundup - April 11

Recent developments in the cryptocurrency sector reflect a dynamic interplay of market trends, platform performance, and infrastructure advancements. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have experienced gains, coinciding with the U.S. Dollar Index dropping below 100 for the first time since July 2023. In contrast, Berachain has faced significant challenges, witnessing $300 million in net outflows, a 40% decline in its $BERA token price, and a 50% reduction in active users. On the infrastructure front, WalletConnect is set to launch its native token, $WCT, on April 15, with OKX among the exchanges planning to list the token.

Top Stories

  • Major cryptocurrencies experience gains: BTC, ETH, and SOL have climbed as the U.S. Dollar Index dipped under 100 for the first time since July 2023.

  • Berachain faces significant outflows: The platform has suffered $300 million in net outflows, leading to a 40% drop in its $BERA token price and a 50% decrease in active users.

  • WalletConnect to launch $WCT token: The on-chain connectivity solution will introduce its native token on April 15, with OKX among the exchanges planning to list it.

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