The cryptocurrency market experienced a slight decline yesterday, with the total market capitalization dropping by -0.41%. CoinMarketCap reports that Bitcoin is currently trading between $110,680 and $115,061 over the past 24 hours, currently sitting at $111,478 after a -2.92% decrease. Other major cryptocurrencies have also seen downward movement. Notable gains were witnessed in ONT, ONG, and IOST, showing increases of 52%, 21%, and 16% respectively. This week’s top news stories include the focus on Solana’s potential acquisition fund, which aims to raise $1 billion from various digital asset firms. The article also discusses Ethereum’s recent outperformance compared to Bitcoin. Analysts are closely watching if this trend will continue in the long run. Further insight is provided by Citigroup’s updated U.S. Treasury Yield forecasts, highlighting the market’s anticipation for a possible rate cut in September. Meanwhile, the CME FedWatch indicates a 75% probability of a September interest rate cut. The crypto market also witnessed fluctuations with major currencies like Ethereum, XRP, BNB, and SOL experiencing significant price changes, including notable drops for DOGE, ADA, TRX, LINK, and WBTC. A closer look at Binance’s top performers reveals ONT/USDT (+52%), ONG/USDT (+21%), and IOST/USDT (+16%). This week’s market movers are also listed.