• bitcoinBitcoin (BTC) $ 102,253.00
  • ethereumEthereum (ETH) $ 3,423.87
  • tetherTether (USDT) $ 0.999751
  • xrpXRP (XRP) $ 2.46
  • bnbBNB (BNB) $ 957.46
  • usd-coinUSDC (USDC) $ 0.999737
  • staked-etherLido Staked Ether (STETH) $ 3,422.77
  • tronTRON (TRX) $ 0.297101
  • dogecoinDogecoin (DOGE) $ 0.174207
  • cardanoCardano (ADA) $ 0.557885

Crypto Rebounds! Lighter $1.5B Valuation! Winklevoss Capital fund Zcash DAT!

Crypto majors are rebounding after Tuesday’s selloff, with Bitcoin (BTC) up 1% at $105,000, while Ethereum (ETH) remains even at $3,550, Binance Coin (BNB) steady at $978, and Solana (SOL) down 2% at $159. Among top movers, CC (+30%), SKY (+15%), DCR (+13%), and ASTER (+10%) led the gains. Meteora’s MET token surged 35% following news of the Uniswap fee switch. Meanwhile, Ethereum whales have accumulated over $350 million during the latest dip, with indications that institutional players are behind the buying. Circle confirmed it is evaluating an $ARC token for its stablecoin chain, while Coinbase reportedly abandoned its planned $2 billion acquisition of stablecoin firm BVNK, according to Fortune. In other developments, SoFi introduced crypto trading for its customers, offering BTC, ETH, SOL, and more. JPMorgan also launched its deposit token, JPM Coin (JPMD), on Base—marking a major expansion of its blockchain products aimed at institutional clients.

🔗 Source

💡 DMK Insight

Bitcoin’s slight rebound is a signal that traders are looking for support around the $101,000 level. After a sharp selloff, the market’s recovery could indicate a short-term buying opportunity, especially if BTC can hold above this psychological threshold. Ethereum’s stability at $3,550 suggests that traders are waiting for clearer direction, while BNB’s steadiness at $978 shows resilience in the face of volatility. Watch for potential resistance at $105,000 for BTC; a break above could trigger further buying. The broader market context shows that altcoins like CC and SKY are gaining traction, which might indicate a shift in risk appetite among traders. Keep an eye on Solana, as its decline could be a warning sign if it fails to reclaim the $160 mark. The real story here is whether Bitcoin can sustain momentum and attract more institutional interest, especially with the recent volatility. Monitor the daily charts for any signs of reversal patterns or breakout opportunities.

📮 Takeaway

Watch Bitcoin’s ability to hold above $101,000; a break above $105,000 could signal further upside potential.

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