The price of bitcoin hit $64,400, retesting a level it failed to penetrate on Monday, with a break higher opening the path toward the June 15 peak of $67,250.
- Bitcoin rose $64,400, retesting the price level that rejected it on Monday, with a clean break above opening the path toward the June 15 high of $67,250, while ether attempted to snap a pattern of sequential lower highs and lower lows.
- Lighter (LIT) has now surged more than 200% since May 16, driven by a deal with Robinhood Chain to bring its decentralized derivatives exchange to 28 million customers. Rival Hyperliquid's HYPE rose with a series of higher lows pointing to a bullish setup.
- Crypto diverged from equities, with S&P 500 and Nasdaq 100 futures falling.
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Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters :
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Franklin Crypto CIO says crypto prices are disconnected from fundamentals
Bitcoin panic-selling may be ending as sellers' profit margins disappear
Strategy pauses its Bitcoin buying spree to hoard a massive $3 billion cash cushion
TeraWulf CEO: 'Not All Megawatts Are Created Equally' in AI Race
Trump's crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
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