Stacks Surges Following Bitcoin Congestion; SushiSwap Deploys Concentrated Liquidity Pools
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Daily Top Performer — Stacks (STX)
U.S. equities rose 1.71% as investors reacted positively to Apple’s strong earnings. The broader cryptocurrency market remains slightly down, with Bitcoin and Ether dropping 0.69% and 0.27%, respectively, in the past 24 hours.
Today’s outperformer is STX, which surged 7% in the past 24 hours due to the new BRC20 token standard congesting Bitcoin, prompting talks about the need for Stacks, a Bitcoin L2.