$BTC retraced most of its losses and is flat from yesterday. As of now, $BTC is trading at $105,585 and $ETH is trading at $2,528. Bitcoin dominance stands at 63.85%.
Large-scale purchases from institutions are backing the Bitcoin rally. Strategy and Metaplanet bought a combined $870 million worth of Bitcoin, where Metaplanet purchased an additional 1,004 Bitcoin (totaling 7,800 Bitcoin) and Strategy acquired 7,390 Bitcoin (totaling 576,230 BTC).
A few other headlines include: Circle is reportedly in talks with Coinbase and Ripple for a potential acquisition, Jamie Dimon says JPMorgan will allow clients to buy Bitcoin but the firm will not custody it, and Gate introduces brand new domain Gate.com.
During the last 24 hours, the top three gainers were $TURBO, $AAVE, and $RON, while the top three losers were $PYTH, $FARTCOIN, and $POPCAT.
