After 5 consecutive green days, BTC encountered a red day as the US top stock market index- NASDAQ 100 also had its worst day since December 2022. While the support was found around the 64k USD mark, 65k USD needs to be broken with volumes for another leg up for the world’s largest crypto.
In altcoins, Telegram-backed-The Open Network’s TON has announced a trustless DeFi bridge for Bitcoin which will facilitate secure bitcoin transfers to and from the ton network. This could be a bullish catalyst for an already popular chain.
Meanwhile, many are rallying behind US presidential candidate Donald Trump, Ethereum co-founder Vitalik Buterin has voiced his concerns, with ETH ETF trading just a few days away in the US. He argues that mere support for crypto is not a sufficient reason to back a political figure.
