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Bitcoin Holds $77.8K as Traders Pause Ahead of Macro Data

Range-bound majors coincide with three funding rounds closing this week and a new Uniswap stablecoin hook going live on mainnet.

Bitcoin held a tight range around $77,800 on Monday, with traders sidelined ahead of upcoming macro data. Ether lagged, ticking 0.18% to $2,522 while BTC added 0.88%.

Total market capitalisation sat at $2.75 trillion with BTC dominance at 56.9%. The Fear & Greed Index printed 57 (Greed), and the altcoin index lagged at 38/100, a 19-point gap that captures the bifurcation between BTC-led majors and the long tail.

The quieter tape did not stop deals. Payward raised $100M from Nasdaq Ventures in a strategic round, while Tina closed $3M from Gemhead Capital and 4dlabs took an incubation cheque from YZi Labs. On the protocol side, Uniswap shipped StablePair, a new hook purpose-built for stablecoin pairs. Cascade, meanwhile, told users to claim funds before the five-year-old platform winds down.

Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJPV2qnqdxc8DAlvTlkg1vSVXMgh4XvAALwG2sbL8BBSegGPafZUiW1AQADAgADeQADPQQ)

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Frequently asked questions

  1. Why is Bitcoin rangebound near $77,800?

    Bitcoin held a tight range around $77,800 on Monday as traders stayed sidelined ahead of upcoming macro economic data. Total market cap sat at $2.75T with BTC dominance at 56.9%.

  2. What is Uniswap's new StablePair hook?

    StablePair is a new Uniswap hook purpose-built for stablecoin pairs. It launched on mainnet during a quieter macro tape, alongside three funding rounds closing the week.

  3. How much did Payward raise and who led the round?

    Payward raised $100M in a strategic round backed by Nasdaq Ventures, the largest deal of the week. Smaller rounds included Tina's $3M raise from Gemhead Capital and an incubation round for 4dlabs from YZi Labs.

  4. What does the gap between Fear & Greed and the altcoin index signal?

    The Fear & Greed Index printed 57 (Greed) while the altcoin index lagged at 38/100, a 19-point gap. It captures the split between BTC-led majors and the long tail, where capital has not yet followed sentiment.

  5. Why is Cascade shutting down after five years?

    Cascade, a five-year-old platform, told users to claim funds before winding down. The source did not specify the reason for the closure.

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