Bitcoin and other cryptocurrencies saw a decline in value over the weekend, leading to millions of dollars worth of liquidations.

Despite the decline, Bitcoin still dominates the global cryptocurrency market with a capitalization of $1.55 trillion.

Ethereum's price is affected by high transaction fees and competition from other blockchains.

Meme coin Bonk has seen a significant value increase, however, concerns about its sustainability persist.

Bitcoin transaction fees have surged to their highest in over two and a half years due to the growing popularity of Ordinals.

The market is waiting for the SEC's decision on the approval of a physically-backed Bitcoin ETF, with high expectations of approval.

Bitwise Asset Management expects SEC approval of its Bitcoin ETF, which could boost cryptocurrency adoption and investment.

Grayscale Investments' CEO suggests a spot Bitcoin ETF could unlock $30 trillion worth of advised wealth.

The overall industry faces challenges and opportunities, with the potential approval of spot Bitcoin ETFs seen as a significant milestone for digital assets.