The Web3 markets experienced a surge in activity while Web2 activity slowed down in certain regions, affecting more than 150 million people. This resulted in a significant increase in market value, driving Bitcoin to over $66,500, reaching a one-month high.
The sector’s growth exceeded 103% and continued to rise at the time of reporting. This growth also benefited ecosystems such as TRY Stablecoin, Decentralized Identifier, Farming-as-a-Service, and Pump.fun memecoins, all of which saw a rise of at least 20% as the digital asset market had a positive day.
In contrast, the S&P 500 and global stock markets experienced a slight decline due to the CrowdStrike debacle.