The more significant result from the U.S. Supreme Court's rejection of President Donald Trump's trade tariffs may be political, which could sting the industry.
Technical traders see a compression setup, with $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed.
The derivatives exchange giant's switch to around-the-clock crypto trading will have a visible impact on liquidity and volatility on weekends, analysts said.
Korean exchanges Upbit and Bithumb both added local currency pairs for the privacy-focused layer-2 token, triggering a sharp move in a thinly traded market.
Bitcoin rebounded above $68,000 as ETF outflows hit $6.8 billion and funding flips positive. A break above $72,000 is needed to confirm a bullish shift.
Geopolitical tensions and a cautious tone in U.S. stocks are keeping risk appetite in check, and some strategists warn of a potential retest of 2024 lows before a more sustained recovery.
Sources familiar with the talks on stablecoin yields say the White House urged bankers to get on board with a deal that lets the market structure bill advance.
The average bitcoin ETF investor now sits on a 20% paper loss, leaving the market vulnerable to capitulation selling if prices slide further, a Wintermute trader said.