After the Asian hours, $BTC rallied and briefly traded above 64k, currently resting at $63,481. Notably, $BTC is showing a negative funding rate at this level.
The long-awaited Bitcoin halving is just a day away. Coverage of this development by our research desk can be found here.
Yesterday’s notable news included Binance launching a new launch platform called Mega Drop, with BounceBit being the first project, Jupiter announcing JupSOL LST, and Binance to convert the SAFU fund to USDC.
Following a solid rebound, most altcoins are in the green, with $IMX, $TON, and $VET leading the market. However, $MKR and $LEO were in the red yesterday.