Grayscale's Smart Contract Fund closed its second-quarter rebalance on August 5 with BNB at the top of the basket: 30.6%, ahead of Ether at 29.47% and Solana at 29.15%. Ether's market cap runs in the $224 billion to $232 billion range; BNB's stands at $76 billion to $79 billion.
Warsh's hawkish stance signals potential market volatility, impacting both traditional and crypto assets as investors brace for tighter policies. Federal Reserve Chair Kevin Warsh warns of ‘no tolerance' for inflation as Dow drops 840 points and Bitcoin slides below $64K.