Here is your quick daily market recap for today, April 4, 2025 – a mix of caution, resilience, and meme coin flair!
Daily Market Recap – Meme Coin Highlights:
- $🔶 Meme Coin: A meme coin shines with a Binance-Inspired story and flashing logo.
- OWB ($OWB): Nostalgic owl-themed coin, up 300% since TGE. Volume’s soaring, with locked liquidity boosting trust.
Other Breaking Market News
- Ethereum ($ETH): March was grim, closing under $2K with fading network activity. Today, $ETH sits at $1,811.49, down 0.60%. Experts say sentiment will drive April, keep an eye on Layer 2 and staking shifts.
- Bitcoin ($BTC): Fluctuating between $81K and $87K, now at $82,85. Support holds at $77K, but macro uncertainties like inflation and tariffs fuel volatility. Liquidations hit $118M recently.
- Regulatory Buzz: U.S. lawmakers advance the Anti-CBDC Surveillance State Act, which targets privacy risks in digital currencies. This could boost decentralized assets.
- Binance’s Reign: In 2024, it claimed $2.6B of $2.7B in airdrop/staking rewards (94% share). Upgrades to HODLer and Launchpool programs shine, and FDUSD’s 1:1 backing was confirmed today.
- Market Pulse: Stablecoins like $USDT and $FDUSD stay steady, while altcoins struggle to keep up with the majors.
- Pi Network: PiFest wrapped up with 125K+ users and 58K sellers, but $ PI is down 78.7% from its peak, leaving Pioneers divided.
- $FDUSD Drama: Dropped to $0.76 amid Justin Sun’s claims, but quick action restored its $1 peg, stablecoin resilience on display.
What’s Ahead: Sentiment’s cautious, but Binance’s dominance and meme coin sparks offer hope. Watch macro cues and community moves this weekend!
Stay in the know with MevX, fresh updates, always!
