Crypto Dips Despite Continue Strength in Stocks. Another $320m of Liquidations in Drop. Fed to Host Crypto Innovation Conference Today. Strategy Bought $19m Btc, Bitmine Buys $251m Eth. Coinbase Buys Cobie’s Echo for $375m. Coinbase Buys Cobie’s Up Only Nft for $25m. Sol Co-founder Toly Designing Perps Dex. Evernorth Spac Plans to Be the $1b Xrp Dat. Vaneck Files for First Staked Eth Etf. Gemini Launches Sol Credit Card. House of Doge Buys Fc U.s. Triestina 1918. Justin Sun Hints at Tron Collab With Base. Ethena Planning Two New Products.
💡 DMK Insight
Crypto’s recent dip, despite strong stock performance, signals potential volatility ahead. With BTC at $107,599 and ETH at $3,804.57, the $320 million in liquidations suggests traders are feeling the pressure. This could indicate a shift in sentiment, especially as the Fed hosts a crypto innovation conference today. Institutional moves, like the $19 million BTC purchase and Coinbase’s hefty NFT acquisitions, show that big players are still bullish, but the market’s reaction to these events could be telling. Watch for how BTC holds above the $100,000 psychological level; a drop below could trigger further sell-offs. Conversely, if ETH can maintain its position above $3,500, it might attract more buying interest. But here’s the flip side: while institutions are buying, retail sentiment might be wavering, leading to increased volatility. Keep an eye on the correlation between crypto and stock movements—if stocks falter, crypto could follow suit. The next 24-48 hours will be crucial for determining whether this dip is a buying opportunity or a sign of deeper market issues.
📮 Takeaway
Watch BTC’s ability to hold above $100,000 and ETH’s support at $3,500; these levels will be critical for market sentiment.






