Degen

🚀 crypto market recap – 04.02.2025

📈 bitcoin rebounds – btc surged $10k in half a day, reaching $102.5k after the us postponed new trade tariffs. currently trading around $99k, up 5% in 24h.

💰 record dex trading volumes – ethereum-based dex platforms hit $8.48b in daily volume, the highest since 2023, but solana-based dexes outperformed with $9.56b.

⚠️ xeggex exchange concerns – users report losing access to accounts and funds. the team claims a security breach but suspicions of foul play arise.

🔧 ethereum scalability – vitalik buterin announces the pectr upgrade, doubling data capacity for layer 2 and 3 networks.

what’s your biggest takeaway from today’s market? 🤔📊