Happy Wednesday!

In today's headlines, Brazil is making waves in the crypto world as a lawmaker proposes an ambitious $18 billion Bitcoin reserve initiative, potentially positioning the nation as a leader in digital asset management. Meanwhile, analysts warn that Bitcoin may dip to $88,000 before making another attempt at the coveted $100,000 mark. On a lighter note, Dogecoin is gaining traction in the Nordics with the introduction of its first-ever Exchange-Traded Product (ETP), catering to growing institutional interest in this popular memecoin. Stay tuned for more insights on these developments!

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The global crypto market cap is $3.32 trillion, with a 24-hour volume of $196.83 billion. The price of Bitcoin is $95,572.03, and BTC market dominance is 57.2%. The price of Ethereum is $3,569.88, and ETH market dominance is 13.0%. The best-performing sector is Yield Farming, which gained 17%. The Crypto Fear & Greed Index is currently Greed (75).

📰 Top News

Brazilian lawmaker proposes $18 billion Bitcoin reserve initiative

The Bitcoin Sovereign Strategic Reserve would allocate up to $18.6 billion from the country's international reserves.

Bitcoin could fall to $88,000 before making another attempt to break $100,000 – Glassnode

Bitcoin sharp upside left no time for supply to change hands, creating an "air gap" region below $88,000.

Dogecoin gains ground in Nordics with first-ever ETP introduction

First Nordic Dogecoin ETP aims to meet rising institutional demand for digital assets.

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