While BTC started yesterday with a decent spike to the $61k level, it could not sustain the gains when the US market opened yesterday and fell back below $60k, testing the support at $58.5k. Meanwhile, data reveals that traders have already accumulated nearly $300 million in open interest, with many positioning themselves for a bullish outcome after the US elections.<\/p>\n\n\n\n
TRX emerged as one of the top gainers of the day, nearing its all-time high in USD as Tron gained renewed popularity. The recent launch of Solana’s pump.fun style memecoin website has been a significant driver of this momentum. Tron’s tokens, including SUN and the memecoin SUNDOG, led the pack among the top 500 market cap coins.<\/p>\n\n\n\n
Solana holders received more good news yesterday as Brazil’s Securities and Exchange Commission approved its second Solana-based ETF, following the approval of the country’s first Solana ETF just two weeks ago.<\/p>\n","protected":false},"excerpt":{"rendered":"
While BTC started yesterday with a decent spike to the $61k level, it could not sustain the gains when the US market opened yesterday and fell back below $60k, testing the support at $58.5k. Meanwhile, data reveals that traders have already accumulated nearly $300 million in open interest, with many positioning themselves for a bullish […]<\/p>\n","protected":false},"author":93,"featured_media":40469,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-41493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=41493"}],"version-history":[{"count":2,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41493\/revisions"}],"predecessor-version":[{"id":41498,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/41493\/revisions\/41498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40469"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=41493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=41493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=41493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}