GEOPOLITICAL TENSIONS, US JOBS REPORT, BASE GROWTH, AND RESTAKING TRENDS

Summary from the TLDR Crypto newsletter

The crypto market saw major fluctuations last week, with Bitcoin dropping to $60,000 before rebounding to $62,000 due to geopolitical tensions between Israel and Iran and a strong U.S. jobs report. Base, an Ethereum Layer 2 network, reached $2 billion in total value locked (TVL), driven by the success of Aerodrome, while Ethereum's liquid restaking protocols saw explosive growth, with TVL surging from 112,000 ETH to 3.5 million ETH in 2024.