BTC falls below the $79000 mark

Chainlink announces that the total value of on chain real-world assets (RWAs) has exceeded $340 billion. （Cointelegraph）

According to a CoinDesk Research report, the total locked value of Robinhood Chain increased by 90% in 30 days to $757 million, ranking 12th on the entire network. The daily DEX trading volume of the chain reached 1.69 billion US dollars, accounting for about 17% of the global total; Over the past 7 days, the cumulative trading volume has reached 8.2 billion US dollars, second only to Solana and Ethereum in terms of scale. The current activity is mainly driven by native encrypted users, with Robinhood's own users contributing only about 1% to 2% of the transaction volume. Robinhood Chain, the intermediary of Uniswap, accounts for 77% of the transaction volume, which accounts for over 50% of the total transaction volume of Uniswap and the majority of Uniswap v4 Hook pool transactions.

According to Defillama data, Robinhood Chain's revenue in the past 7 days reached $15.15 million, second only to Tether's $16.23 million and Circle's $45.57 million, and higher than Uniswap's $3.5 million and Arbitrarum's $1.36 million.

Analyst Rekt Capital stated that Bitcoin has successfully backtracked its macro downtrend line, and in order to maintain a bullish trend, BTC's monthly closing line needs to remain above $761.87 million.

According to data from the Delta One team of JPMorgan Chase, the total net inflow of semiconductor ETFs last week was about 3.3 billion US dollars, the net outflow of DRAM related products was about 900 million US dollars, and the leveraged ETF earned about 800 million US dollars, of which about 600 million US dollars flowed into SOXL. There was a fund outflow of about 1 standard deviation in Korean related assets, and the Nasdaq 100 futures recorded a net buy of nearly 2 standard deviations.