Uniswap's fees on 11 chains increase by 137% to $192 million

Jack Mallers stated that in the context of declining purchasing power of fiat currency, Bitcoin is the best choice for hard asset allocation.

Hyperliquid repurchased and destroyed 34280 HYPEs worth approximately $3.26 million at a volume weighted average price of $95.25 in the past 24 hours, with a revenue of $60.58 million over the past 30 days.

BlackRock's IBIT extracted 3750 BTC worth approximately $316 million from Coinbase Prime in the past hour. （Onchain Lens）

[Trump Administration Proposes 90-Day Diesel Export Ban, Several Cabinet Members Oppose] The Trump administration is drafting a plan to suspend diesel exports for 90 days to alleviate high energy prices. Senator Grassley supports the ban, while Energy Secretary Wright, Treasury Secretary Bessent, and Interior Secretary Burgum have expressed opposition. Wright stated that banning exports could lead to overall production cuts and drive up the costs of other fuels. Trump is inclined to announce the measure by the end of this weekend, but the final decision remains uncertain. (Source: Jin10 Data)

Bitcoin recently broke through $80000 and hit $87300. Analysts believe that this round of rise is supported by institutional funds and spot ETF inflows, but there are differences in trading volume, market breadth, and derivative position indicators indicating the sustainability of the upward trend. K33 indicates that the current cycle low point may have been established, and there is still room for Bitcoin to catch up with gold and the US stock market. 21Shares believes that the introduction of innovation exemptions by the US SEC and the promotion of rule making by the CFTC provide regulatory benefits. K33 believes that the easing of uncertainty such as the Federal Reserve's interest rate decision and the CLARITY bill vote has helped the market achieve a breakthrough. Nexo pointed out that in recent times, the trading volume has decreased, the breadth of the rise has narrowed, and the leverage of derivatives has increased, putting Bitcoin at risk of profit taking or temporary adjustment. Capital.com analysts believe that $87000 to $88000 is the recent resistance zone, with a focus on $90000 after breaking through, followed by $84000 to $85000 and $80000 support below. Tom Lee stated that the cryptocurrency bull market has begun, driven by the return of AI funds, tokenization, improvement in AI fundamentals, and the end of the four-year cycle.