Bitcoin briefly cleared $80,000 — its highest print in three months — with the move coinciding with the MSCI AC Asia Index hitting a new high, suggesting macro tailwinds from weekend developments are feeding into crypto risk appetite. At time of writing BTC trades around $79,779 (+2.10%) and ETH at $2,367 (+2.86%), pushing total market cap to $2.72 trillion.
The rally came with teeth: over $369 million in liquidations were recorded in the past 24 hours, the bulk of which would be short positions caught offside by the breakout. BTC dominance holds at 58.7%, while the Fear & Greed Index sits at 40 — still in Fear territory, meaning sentiment has not caught up with price.
On the funding side, three deals closed recently: Fun raised $72M in a Multicoin-led Series A, Blockstreet closed a $43M M&A round backed by AI Financial, and Xo Market secured $6M in seed funding from Picus Capital — a…
CoinTelegraph
CoinDesk
WuBlockchain