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As Bitcoin dropped to a 21 month low of $58,100, on chain data suggests a growing divide between large holders and retail investors.

According to data from Santiment, wallets holding between 10 and 10,000 BTC reduced their combined holdings by 0.37 percent since June 15. This indicates that whales and large investors have continued selling during the recent downturn.

In contrast, wallets holding less than 0.01 BTC increased their holdings by 0.51 percent over the same period. This suggests smaller investors are continuing to buy during the decline.

Rare Bottom Signal Emerges

Santiment noted that this divergence reflects growing confidence among retail investors, many of whom appear to believe the market is approaching a bottom and see the current dip as a buying opportunity.

At the same time, larger investors remain cautious and have yet to resume meaningful accumulation. According to Santiment, Bitcoin and the wider crypto market may need more time before establishing a clear bottom unless whales return to buying.

Meanwhile, crypto analyst Ali Martinez highlighted a rare on chain signal that has historically appeared near major market bottoms.

His analysis shows that approximately 10.45 million BTC are currently being held at a loss, while around 9.60 million BTC remain in profit. This marks the first time in the current cycle that Bitcoin supply in loss has exceeded supply in profit.

This crossover suggests that more than half of Bitcoin’s circulating supply is now underwater, indicating that much of the speculative excess has already been removed from the market.

Historically, this pattern has only appeared a few times over the last 15 years.

The first occurrence happened in September 2011, with Bitcoin finding its bottom by November before entering a new bull market.

A second crossover appeared in September 2014 and remained active until October 2015, just before another major rally began.

The same signal emerged again in November 2018, ahead of a bull market that started in March 2019.

During the March 2020 market crash, the signal lasted only 17 days before Bitcoin recovered sharply in April.

Martinez noted that the current crossover began in June 2026 and remains active. While these periods have historically lasted anywhere from a few weeks to several months, he believes Bitcoin is currently in what he describes as a strong accumulation zone.

Macro Factors Still Matter

Despite encouraging on chain signals, broader macroeconomic conditions may still determine the market’s next major move.

Ryan Lee, Chief Analyst at Bitget, said stronger external catalysts are still needed to support a sustained recovery.

These could include improved macroeconomic data, renewed inflows into Bitcoin exchange traded funds, easing geopolitical tensions, or stronger institutional demand.

Lee emphasized that upcoming U.S. inflation data could be especially important because it may influence expectations around Federal Reserve policy.

He explained that crypto markets remain highly sensitive to interest rate expectations, with Bitcoin, Ethereum, and altcoins still trading like liquidity driven risk assets.

If inflation remains elevated, the Federal Reserve may delay rate cuts and maintain tighter monetary policy for longer. That scenario could continue putting pressure on crypto markets by reducing investor risk appetite, tightening liquidity, and making non yielding assets less attractive.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

OpenUSD (OUSD) has quickly become one of the most talked about topics in the crypto market following the announcement of a consortium backed stablecoin supported by more than 140 companies.

Developed by Open Standard, the stablecoin is expected to launch later this year. Its promise of zero fee minting, shared reserve earnings, and collaborative governance has sparked strong interest across both financial and crypto sectors.

Growing Excitement Around OpenUSD

According to recent findings from Santiment, participation from major financial institutions and crypto firms has driven intense market discussion. OpenUSD has become one of the most widely discussed developments in crypto, alongside conversations around The Black Bull whale activity and Markets in Crypto-Assets licensing.

Market participants are actively debating key issues such as custody, transparency, liquidity, and whether another large stablecoin can realistically challenge dominant players like USD Coin and Tether.

The growing attention follows the official launch announcement from Open Standard, the independent body overseeing OpenUSD.

According to the project’s official announcement, OUSD is designed to improve global money movement while solving several common problems businesses face when using traditional stablecoins.

Although stablecoins have become increasingly valuable because they enable faster, cheaper, and programmable digital payments, many businesses still face challenges such as high minting and redemption costs, limited access to reserve generated revenue, and reliance on centralized issuers for product development.

Core Features of OpenUSD

OpenUSD is built around three key principles.

First, businesses can mint and redeem OUSD without fees or volume limits.

Second, participating partners will share earnings generated from reserve assets after operational costs and management fees are deducted.

Third, governance will be managed collectively through Open Standard, with partner organizations participating in decision making rather than leaving control to a single issuer.

This governance structure is intended to align decision making with the broader interests of the ecosystem.

Open Standard confirmed that more than 140 businesses have already committed to supporting or using OpenUSD. The list includes major firms such as Visa, Stripe, Mastercard, American Express, Coinbase, BlackRock, BNY, Standard Chartered, Intercontinental Exchange, Bybit, Solana, Base, OKX, and Ripple.

Samara Cohen, Global Head of Market Development at BlackRock, said stablecoins could play a major role in the future of digital markets when supported by reliable infrastructure and practical use cases. She described OpenUSD as an important step toward expanding access to tokenized value and internet native payment systems.

Could OpenUSD Pressure Circle?

The announcement of OpenUSD appears to have affected sentiment around Circle, the issuer of USD Coin.

On Tuesday, Circle’s stock, CRCL, fell 17.55 percent and closed at $62.63.

Sam Ruskin, a former research analyst at Messari, noted that OpenUSD’s structure could create real competitive pressure for Circle.

He suggested the new stablecoin model may force Circle to expand revenue sharing, strengthen distribution partnerships, or diversify its broader stablecoin strategy.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

A newly released federal financial disclosure has revealed that U.S. President Donald Trump owns more than $50 million worth of Bitcoin stored in a cold wallet. The actual amount could be significantly higher, as the filing only reports values within broad ranges.

The 927 page disclosure, published by the U.S. Office of Government Ethics, lists the Bitcoin under CIC Digital LLC as a cryptocurrency wallet containing virtual Bitcoin keys held in cold storage. The filing places the value in the highest reporting category, listed as over $50 million, meaning no exact figure is provided beyond that threshold.

Trump’s Bitcoin Holdings

According to the filing, the Bitcoin is held through the Donald J. Trump Revocable Trust, with Trump listed as the sole beneficiary. The trust also controls his ownership stake in Trump Media & Technology Group, the parent company of Truth Social.

The disclosure indicates that Trump’s Bitcoin is stored in cold storage, meaning the private keys are kept offline rather than on internet connected systems or cryptocurrency exchanges. This method is commonly used to improve security and reduce exposure to online threats.

Bitcoin is only part of the broader digital asset portfolio held by CIC Digital LLC.

The filing also lists an Ethereum wallet valued between $5 million and $25 million, a staked Ethereum position through Coinbase that generated $510,808 in validator rewards, a USD Coin holding worth between $5 million and $25 million, along with a smaller dollar based wallet.

Based on the disclosed ranges, the combined reported value of Trump’s Bitcoin and Ethereum holdings alone exceeds $100 million.

Crypto Earnings Exceed $1 Billion

The disclosure also highlights the scale of Trump’s crypto related income during the reporting period.

According to the filing, World Liberty Financial generated more than $500 million from governance token sales and other crypto products. Meanwhile, CIC Digital LLC reportedly generated over $635 million from sales of Trump branded meme coins launched shortly before his inauguration.

Taken together, Trump’s crypto related earnings exceeded $1 billion during his first year back in office.

White House Responds to Conflict Concerns

The disclosure has sparked renewed scrutiny over potential conflicts of interest tied to Trump’s growing involvement in digital assets.

Responding to the criticism, White House spokesperson Anna Kelly rejected claims of wrongdoing. She stated that neither Trump nor his family has engaged in conflicts of interest and said they have no intention of doing so.

Kelly added that all actions taken by President Trump and his administration are aimed at serving the best interests of the American people. She also dismissed allegations from critics and media outlets as repeated political attacks.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Crypto influencer Nick O’Neill has come under scrutiny after revealing that he intentionally sold a community created token after developers transferred 60 percent of its total supply to his wallet.

The situation has divided the crypto community. Some traders criticized his actions, while others argued he had no responsibility to support or promote a token launched without his knowledge or approval.

O’Neill Explains Decision to Sell

The controversy began after the Fibonacci account on X shared a clip from O’Neill’s Choose Rich Live show on YouTube. In the clip, O’Neill discussed The Black Bull, a token named after crypto influencer Ansem.

He noted that ANSEM had climbed 40 percent and reached a market cap of more than $120 million after Ansem hinted at weekly airdrops. O’Neill also highlighted that Ansem reportedly controlled 60 to 65 percent of the token supply and fees through a public wallet valued at around $50 million.

Despite the token’s growth, O’Neill expressed doubts about its long term sustainability. He pointed to bearish chart patterns and weakening buyer interest, suggesting the token could struggle to maintain momentum.

In a now deleted post, someone suggested O’Neill could also benefit greatly if he controlled a similar percentage of a token’s supply. Responding before the post was removed, he admitted that such a scenario would be highly profitable.

However, he later made his position clear to his nearly 286,000 followers on X, stating that he would not support any token created in his name except the original RICH meme coin.

O’Neill stated that he would sell any token launched using his name unless it was the original RICH token. He also revealed that he had already sold another token recently.

After criticism intensified, O’Neill clarified that the token in question, called I Choose Rich Everytime, was independently created and distributed before a large share was sent directly to him.

The team behind the token, operating under the name Reserve, accused him of quickly selling the tokens after receiving them. O’Neill did not deny this. Instead, he argued there was no reason to support another community made token when an existing cryptocurrency already represented his brand.

He added that if he truly wanted to launch a token, he would handle the process himself rather than rely on unknown third parties.

Comparisons to ANSEM Fuel Debate

Some supporters encouraged O’Neill to embrace the token, believing it could achieve success similar to ANSEM. Others defended his decision, arguing he had every right to sell the tokens since he had never agreed to endorse or promote them.

One supporter compared the situation to receiving free company shares. Since O’Neill made no promises regarding the asset, they argued he was free to sell at any time.

Meanwhile, recent reports from CryptoPotato revealed that the creator of The Black Bull transferred 650 million tokens, worth roughly $71 million at the time, directly to Ansem’s wallet at no cost while personally taking only $5,500.

According to on chain analysts, this distribution pattern raised concerns about a possible coordinated promotional strategy. Market watchdogs, including Rugcheck, also warned that concentrated ownership increased the risk of price manipulation.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Analysts at Bitfinex believe Bitcoin may still have further downside before reaching the bottom of the current bear market cycle. Based on on chain data and historical market trends, they expect Bitcoin’s decline could continue into the $40,000 range before a recovery begins.

According to the latest Bitfinex Alpha report, Bitcoin could fall further by the end of 2026 as more investors continue exiting the spot market.

Potential Decline Into the $40,000 Range

In previous market cycles, Bitcoin has consistently fallen by at least 70 percent from its all time highs before reaching a market bottom. During the 2022 bear market, Bitcoin dropped 78 percent from its peak of $69,000. In 2018, it declined by 86 percent from highs near $20,000.

Using these historical drawdown patterns and the average duration between market peaks and bottoms, analysts believe Bitcoin may continue its downward trend into the $40,000 range. Bitcoin is currently down 53.9 percent from its all time high of $126,000. A drop into the $40,000 range would push total losses to roughly 68 percent.

Analysts also estimate that Bitcoin could reach its bear market bottom in the fourth quarter of 2026, especially when considering historical price behavior in relation to moving averages.

Despite Bitcoin breaking below key support levels over the weekend, analysts say its broader market structure remains unchanged. At around $60,000, Bitcoin is trading below the True Market Mean of $77,000, which reflects the average cost basis of active investors. This level is often seen as the dividing line between bullish and bearish market conditions. As long as Bitcoin remains below this threshold, the market is expected to stay in bearish territory.

Spot Demand Remains Weak

After falling below the $61,500 support level and reaching a new bear market low of $58,136 last week, analysts now identify $53,400 as the next major support level.

The move toward $58,000 highlights weakening spot demand. This weakness is reflected in selling from short term holders, outflows from exchange traded funds, the breakdown of digital asset treasury activity, and increasing negative gamma pressure.

Unlike previous market declines, Bitcoin’s recent drop below $60,000 did not trigger major liquidations or significant open interest flushes. This suggests the selloff was driven more by sustained spot market selling rather than leveraged market activity.

With the market’s main source of demand currently absent, Bitcoin may continue to struggle and remain under pressure in the coming weeks.

Analysts noted that the market needs a strong return of spot demand before Bitcoin can establish a solid floor and begin moving higher.

If you want it shorter, more professional, or more news-style, I can adjust it.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Debate surrounding Bitcoin’s proposed BIP 110 soft fork is growing more intense, as critics warn the upgrade could create major wallet compatibility issues and potentially leave some users with permanently inaccessible funds.

The concerns were raised by Farside Investors, which challenged statements made by BIP 110 supporter Fred Krueger in a June 28 post on X.

Concerns Over Wallet Compatibility and Frozen Funds

Krueger argued that BIP 110 would not alter Bitcoin’s core monetary principles. According to him, the 21 million coin supply, proof of work system, Lightning Network, multisignature wallets, self custody, and address functionality would all remain unchanged.

He stated that the main effect of the proposal would be to invalidate large arbitrary data used by protocols such as Ordinals and Runes.

However, Farside strongly disagreed with that view.

The firm argued that BIP 110 would ban several Taproot scripting features, including the OP_IF opcode used in Miniscript. This creates a serious concern for wallets that currently support Miniscript.

According to Farside, even after the fork is activated, some wallets may continue generating addresses based on scripts that would no longer be valid under the new rules.

As a result, users could unknowingly send Bitcoin to addresses that appear valid but become impossible to spend from after activation. In such cases, funds sent to those addresses could effectively become permanently locked.

Adding to the concern, Farside noted that even the latest version of Bitcoin Knots, one of the node implementations supporting BIP 110, may itself generate incompatible addresses.

The firm also highlighted another issue involving pay to public key outputs, commonly known as P2PK.

This script type was widely used in Bitcoin’s early years and still holds more than 1.7 million BTC. Under BIP 110, the creation of new P2PK outputs would be prohibited, although spending existing ones would remain allowed.

Farside warned that despite safeguards such as grandfathering older outputs and limiting enforcement to roughly one year, the proposal could still temporarily freeze funds or expose users to theft risks under certain conditions.

BIP 110 could become active if 55% of miners signal support during a difficulty adjustment period. If that threshold is not reached, activation could still occur through a mandatory signaling mechanism starting at block 961,632, which is expected in August 2026.

Broader Debate Over Bitcoin Network Usage

The controversy around BIP 110 extends beyond wallet compatibility and touches on a larger debate over Bitcoin network congestion.

Supporters such as Krueger argue that inscriptions, BRC 20 tokens, and similar use cases have added unnecessary congestion to the network. They believe BIP 110 offers a way to reduce this activity without changing Bitcoin’s monetary foundation.

Critics reject that argument.

The Block Runner Podcast account argued that the 126.7 million inscriptions on Bitcoin represent only 1.267 BTC in value, describing the amount as negligible relative to the overall network.

They also pointed out that miners are benefiting financially from this activity. Mining groups such as AntPool, ViaBTC, SpiderPool, F2Pool, and Luxor are reportedly earning fees from these transactions, helping offset Bitcoin’s declining security budget.

At the same time, BIP 110 appears to have limited support among both miners and node operators.

Meanwhile, network activity remains strong despite market weakness. Recent data from CryptoQuant shows Bitcoin network usage remains near record levels even as BTC trades below $60,000, suggesting demand for blockspace remains strong regardless of the ongoing debate.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Trading in tokenized pre IPO perpetual contracts saw explosive growth in May 2026, according to a new report from CoinGecko.

Monthly trading volume surged by 1,059%, rising from $60.51 million in April to $701.44 million in May. This sharp increase followed several months of relatively weak market activity and signals growing investor interest in tokenized pre IPO assets.

SpaceX Drives Market Momentum

SpaceX emerged as the clear leader in the market, recording $305 million in monthly trading volume. That represented 43.5% of all tokenized pre IPO perpetual trading activity in May.

Strong interest in SpaceX contracts intensified ahead of the company’s highly anticipated Nasdaq listing on June 12.

Artificial intelligence giants OpenAI and Anthropic ranked second and third in trading activity.

Combined, contracts linked to SpaceX, OpenAI, and Anthropic accounted for more than 95% of all tokenized pre IPO perpetual trading volume during the month, showing that market activity was heavily concentrated in a small number of high profile assets.

SpaceX contract prices also varied significantly across major exchanges before the listing but gradually aligned as more IPO related information became available.

During the week leading up to the debut, SpaceX perpetual contracts traded near $170 on exchanges such as Binance and WEEX.

Meanwhile, Coinbase, Gate, and OKX priced the contracts lower at approximately $155.

As additional IPO details became public, prices across exchanges gradually converged into the $160 to $165 range by June 10.

In the final two days before listing, prices moved higher together and climbed above $180. On June 12, fresh information about the expected listing price triggered significant volatility in pre IPO markets.

Despite sharp swings, SpaceX tokenized contracts eventually closed at an average price of $157, around 4.67% above the stock’s opening price of $150.

Traditional Finance Products Gain Ground on Crypto Exchanges

Beyond SpaceX, crypto exchanges are rapidly expanding access to tokenized real world assets and traditional finance linked products.

Since the beginning of 2025, MEXC has listed the largest number of real world asset products, adding 358 total listings. These included 199 spot assets and 159 traditional finance perpetual contracts.

Gate ranked second with 224 RWA products, including 146 perpetual contracts and 78 spot listings.

WEEX came third with 192 listings, made up of 84 spot assets and 108 perpetual offerings.

Several major exchanges, including HTX, Binance, Crypto.com, Coinbase, and OKX, have focused more heavily on traditional finance perpetual contracts rather than spot real world asset listings.

CoinGecko found that each of these exchanges added only one or two spot RWA listings over the past 17 months.

Overall, exchanges averaged 75 perpetual contract listings compared with 37 spot RWA listings, highlighting stronger demand for perpetual products tied to real world and traditional financial assets.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The European Union’s transition period under the Markets in Crypto Assets regulation, known as MiCA, officially ends on July 1, 2026. From that date forward, any crypto company operating in the EU without a valid MiCA license will be considered non compliant and in violation of regulatory requirements.

The deadline marks a major turning point for Europe’s crypto industry, with many firms now facing difficult decisions about licensing, restructuring, or exiting the region entirely.

MiCA Raises Pressure on Crypto Firms

European Securities and Markets Authority has instructed all unauthorized digital asset providers to stop operations before the end of the transition period.

Under MiCA, crypto firms must secure authorization from a national regulator in order to continue serving customers within the European Union.

Before MiCA, Europe was home to more than 3,000 legitimate virtual asset providers. However, the new regulatory framework is expected to significantly reduce that number.

Several major exchanges have already adjusted their European operations. Binance announced that it would suspend parts of its EU services after failing to secure a MiCA license.

Former Binance CEO Changpeng Zhao stated in an interview with The Block that the company’s license application in Greece had reportedly met compliance requirements and was close to approval before being withdrawn.

Journalist Gareth Jenkinson also claimed that sources suggested Christine Lagarde may have influenced Greek authorities against approving the permit.

Binance is now pursuing licensing approvals in other EU markets, including France, Ireland, and Latvia.

Many Firms May Exit the EU Market

According to OKX Europe CEO Erald Ghoos, as much as 80% of crypto firms may fail to survive under MiCA and could be forced out of the European market.

This view is supported by growing relocation interest. Dubai based lawyer Irina Heaver noted a sharp rise in inquiries from European crypto founders considering a move to the United Arab Emirates.

One major reason is speed. In the UAE, licensing through the Virtual Assets Regulatory Authority can reportedly be completed within days rather than months.

For consumers, ESMA has issued a warning to exercise caution. Investors are advised to confirm whether their crypto provider appears on the official MiCA register and verify which legal entity is responsible for holding their assets.

Regulators also recommend that users consider moving funds away from unauthorized platforms after July 1, as these services may offer weaker legal protections and greater risk of losing access to customer assets.

Regulation Also Creates New Opportunities

Despite concerns about an industry exodus, not all signals point to negative outcomes.

Some crypto firms are already benefiting from greater regulatory clarity.

Konstantins Vasilenko, co founder and CBDO of Paybis, said MiCA is helping attract larger institutional investors who require strong regulatory certainty before deploying capital.

According to Vasilenko, Paybis secured both MiCA and PSD2 licenses in Latvia in May. Since then, the company’s EU trading volume has increased by 70% quarter over quarter, even though transaction counts have remained relatively stable.

This suggests that while MiCA may force many smaller firms out of the market, it could also strengthen confidence and encourage larger institutional participation in Europe’s crypto sector.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The Japanese yen has dropped to its weakest level against the US dollar since 1986, sparking fresh debate about how currency weakness could impact crypto markets.

The sharp decline has raised two key questions for investors. A weaker yen could push more capital toward digital assets as people seek protection from currency depreciation. At the same time, any surprise intervention by Japanese authorities could trigger short term volatility across risk assets, including cryptocurrencies.

Crypto Markets Monitor Yen Weakness

Japan’s currency has fallen to a nearly four decade low against the United States dollar, driven largely by the widening interest rate gap between the two economies.

According to Hupzy, an analyst at Spot On Chain, the yen’s decline carries meaningful implications for crypto markets.

Hupzy noted that extended periods of yen weakness have historically encouraged some investors to turn to assets such as Bitcoin and stablecoins as a hedge against declining purchasing power.

The analyst believes that if the Bank of Japan continues to avoid intervention, the current trend could strengthen further.

However, there is also risk on the downside. Any move by Japan’s Ministry of Finance to support the yen could rapidly reverse capital flows and create short term liquidation pressure across risk assets, including crypto.

According to Hupzy, a sharp rebound in the yen following intervention could temporarily weigh on Bitcoin, even though the broader macroeconomic trend driven by currency depreciation remains supportive until interest rate conditions begin to normalize.

These comments came as financial markets responded positively to easing geopolitical tensions. The Nasdaq 100 climbed 2.3% after Donald Trump said the United States and Iran had agreed to halt strikes and return to negotiations.

Bitcoin briefly touched $60,000 during Asian trading hours before pulling back and trading closer to $59,000.

Not all analysts agree that Bitcoin is the best hedge against yen weakness. Peter Schiff argued that gold may provide stronger protection against currency depreciation.

Japan’s Crypto Policy Shift Adds More Attention

The yen’s decline is unfolding at a time when Japan is also making major changes to its crypto regulations.

The country is preparing to shift crypto oversight from the Payment Services Act to the Financial Instruments and Exchange Act.

According to XWIN Japan, a contributor at CryptoQuant, the proposed framework would classify cryptocurrencies as financial products and introduce tighter rules focused on disclosure, market manipulation, and insider trading.

Earlier this month, Japanese lawmakers also approved legislation that could reduce crypto tax rates and eventually open the door for spot crypto ETFs.

For crypto investors, attention is now centered on Japan’s next policy move. If authorities allow the yen to remain weak, Bitcoin may continue attracting defensive capital. However, if intervention occurs, markets could face another wave of short term selling before a clearer direction emerges.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Bitcoin remained volatile over the last 24 hours as bulls continued fighting to reclaim the critical $60,000 level. At the same time, global financial markets responded positively to renewed diplomatic developments between the United States and Iran.

Bitcoin briefly climbed above $60,600 but failed to maintain momentum, falling back toward $59,400. During the session, the asset also dipped below $59,000, highlighting continued selling pressure each time buyers attempt to push prices higher.

Bitcoin Faces Key Resistance at $60K

Bitcoin entered the new week under pressure, slipping below $60,000, a level that has become a major short term battleground for traders.

Although BTC managed a modest rebound, upside momentum remains weak as traders assess several major factors, including macroeconomic uncertainty, geopolitical tensions, and softer crypto market sentiment.

This cautious mood is also reflected in continued ETF outflows. Another $300 million reportedly exited BlackRock’s iShares Bitcoin Trust, signaling ongoing pressure from institutional flows.

A major catalyst for market sentiment came from Donald Trump, who stated that peace discussions with Iran could resume. His comments helped ease concerns surrounding geopolitical tensions, although reports remain mixed regarding Tehran’s stance and the timing of possible negotiations.

Traditional markets reacted positively to the news. Major US indexes ended the session higher, with gains seen across the NASDAQ Composite and S&P 500. The Dow Jones Industrial Average also reached a record high as investors rotated back into major technology stocks amid improving sentiment.

Despite stronger performance in equities, Bitcoin has not yet benefited in the same way. BTC remains stuck below $60,000, and a decisive breakout above that level is likely needed to improve short term market confidence.

Failure to reclaim this zone could open the door for another test of support near $59,000.

Altcoins Show Mixed Performance

The broader altcoin market remained relatively stable, with most major assets posting only modest moves.

Ethereum traded near $1,600 after a slight gain. XRP remained flat around $1.04, while Solana moved slightly higher and approached $74 after gaining around 1%.

One of the stronger performers was Hyperliquid, whose native token rose approximately 4.5% to trade near $65.

Overall, the cryptocurrency market remained largely unchanged, with total market capitalization hovering around $2.14 trillion. Trading volumes stayed relatively elevated, while Bitcoin’s market dominance held near 58%.

For now, crypto traders remain cautious. While US equities gained momentum on renewed optimism surrounding diplomacy between the United States and Iran, Bitcoin still needs to reclaim and hold $60,000 as support before a stronger recovery can take shape.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic