Scorum Coins KursSCR

RT @iCalebx: browsing the vault cause I feel like its smart to have multiple.. I feel unsafe with only one @SCR_btc

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Crypto Market Snapshot – August 2, 2025 1. Market Overview The total crypto market cap stands at approximately $3.71 trillion, reflecting a sharp ~‑5.9% drop over the past 24 hours . Bitcoin (BTC) dominance remains around 60–61%, showing ongoing investor preference for the largest crypto . 2. Major Movers Bitcoin is trading at roughly $112,800, down around 1.8%, pressured by macroeconomic headwinds including weak U.S. jobs data . Ethereum is at $3,408, also down approximately 1.4%, while short-term technical indicators suggest growing bearish positioning. Still, analysts highlight a potential breakout base of support . 3. Macro & Regulatory Drivers The market broad sell-off is tied to a surprisingly low U.S. nonfarm payroll report, reigniting recession fears and fueling forced liquidations. Over $700M in BTC and ETH long positions were reportedly liquidated in recent days . Meanwhile, U.S. legislation—such as the GENIUS Act on stablecoin regulation—has catalyzed renewed investor confidence in regulatory clarity for the crypto space . 4. Ethereum vs Bitcoin: Momentum Shift Ethereum has surged around 43–54% over the past month, significantly outperforming Bitcoin (≈10% gain). Institutional inflows—especially via spot ETH ETFs—and stablecoin activity are cited as key drivers . Yet, derivatives data shows large short positions against ETH, suggesting traders may be betting on a downside that could lead to a short squeeze if sentiment turns bullish again . 5. Key Altcoin Developments The Scroll network rolled out Cloak, a privacy layer for institutional DeFi using zero-knowledge proofs. Despite the broader dip, SCR token has dropped ~10% post-release . Market pundits remain optimistic about tokens like XRP, Cardano (ADA), and Solana (SOL)—especially given bullish regulatory signals and inclusion in the U.S. Strategic Bitcoin Reserve framework.

as the space matures, collectors items change hands! today at SCR we had an og spreadsheet minter from Feb 2023 leave to enjoy other things. within 24 hours his early ordinals have been re-homed into collectors hands. congrats to both seller and collector. fake rare - inscription #16,944 sold for 0.03btc real rare - inscription #45,997 sold for 0.01btc 🐸 @SCR_btc

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