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Crypto Weekly Digest | Bitcoin Breaks $74K; Kelp Suffers $29…

Crypto Weekly Digest | Bitcoin Breaks $74K; Kelp Suffers $29…

$Bitcoin (BTC.CC)$ rose 4.42% over the past 7 days to $74,781, breaking above Strategy’s $75,577 average cost basis and returning the company to profitability. The rally was driven by Michael Saylor’s $1 billion bitcoin purchase, Iran designating BTC for Strait of Hormuz transit fees, and Morgan Stanley’s 0.14% fee bitcoin ETF attracting over $100 million in its first week. Despite the $292 million Kelp DAO cross-chain exploit eroding DeFi trust, bitcoin demonstrated safe-haven properties during geopolitical tensions, gaining 12% since late February airstrikes while the S&P 500 fell 1% and gold dropped 10%.

Market Summary $Bitcoin (BTC.CC)$ rose 4.42% over the past 7 days to $74,781, breaking above Strategy's $75,577 average cost basis and returning the company to profitability. The rally was driven by Michael Saylor's $1 billion bitcoin purchase, Iran designating BTC for Strait of Hormuz transit fees, and Morgan Stanley's 0.14% fee bitcoin ETF attracting over $100 million in its first week....

$Ethereum (ETH.CC)$ gained 3.20% to $2,270, underperforming bitcoin. Co-founder Vitalik issued an urgent warning about an eth.limo…

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