Bitcoin climbed to $77,971 on Wednesday, a 2.55% gain in 24 hours, as two macro catalysts converged: Trump's extension of the Iran ceasefire and Strategy's disclosure of a $2.54 billion purchase of 34,164 BTC. Ethereum followed with a 3.02% advance to $2,391, lifting total crypto market cap to $2.71 trillion.
The move flushed out over $289 million in liquidations across the last 12 hours, a sign the rally caught leveraged shorts off-guard. BTC dominance held at 57.5%, while the Fear & Greed Index remained in fear territory at 32 — suggesting the broader market has not yet repriced to match the price action.
On the funding side, Kaio and Hata each closed $8 million rounds — Kaio via a strategic backed by Further Ventures, Hata a Series A led by Bybit — with Mindra also securing a strategic round from Candaq. Small-cap momentum was sharp, led by BEST Wallet at +352.5% and wojak at…
CoinTelegraph
CoinDesk
WuBlockchain