Technical breakout occurred on exceptional volume as decentralized storage tokens demonstrated sector leadership over mixed crypto markets.
Filecoin Soars 70% After Breaking Through $2 as DePIN Sector Rallies
Technical breakout occurred on exceptional volume as decentralized storage tokens demonstrated sector leadership over mixed crypto markets.
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The company plans to obtain the license through the acquisition of BC Payments Australia, expanding its regulated footprint to over 75 licenses worldwide.
The bank said U.S./China trade tensions triggered a sharp crypto selloff, but resilient ETF inflows are keeping its BTC and ETH forecasts intact.
Analysts note that Bitcoin’s correlation with gold is at a multi-year high of 0.9, reinforcing the “digital gold” narrative as both assets move in tandem during geopolitical shocks.
"The consensus view is that crypto markets are bearish until about September," said one analyst.