Ether, solana, and cardano all outpaced bitcoin on the day, suggesting a rotation into higher-beta tokens as forced selling from the February crash begins to clear.
Bitcoin touches $70,000 before fading as altcoins lead the strongest bounce in weeks
Ether, solana, and cardano all outpaced bitcoin on the day, suggesting a rotation into higher-beta tokens as forced selling from the February crash begins to clear.
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Volume rose 60.5% above the weekly average as long-term holders sold 325,600 BTC and trading compressed into a $107,000 to $108,000 band near support.
Gold climbed nearly another 1% on Thursday to just below $3,500 per ounce.
Once the future of digital money, central bank digital currencies barely featured this year as Hong Kong’s focus shifted to stablecoins and Brazil’s Drex pause showed how even early adopters
Open interest in the token’s future products nearly doubled to over $60 million, showing a bump in expectations of further volatility with a bullish bias.