The market showed choppy price action, with $BTC retracing most of its gains. As of now, $BTC is trading at $118,689 and $ETH at $4,223. Bitcoin dominance stands at 60.73%.
BitMine (NYSE: BMNR) has increased its Ethereum holdings to 1,150,263 ETH—valued at approximately $4.96 billion—making it the largest corporate Ethereum treasury in the world. The company’s holdings grew by roughly $2 billion in just one week, positioning it as the third-largest crypto treasury globally and the 25th most liquid U.S. stock.
A few other headlines include: Terraform founder Do Kwon may plead guilty Tuesday in a U.S. fraud case, Heritage Distilling (Nasdaq: CASK) is launching a $360M IP token reserve strategy, and Strategy has acquired 155 BTC for about $18.0 million at an average price of $116,401 per bitcoin.
During the last 24 hours, the top three gainers were $PUMP, $VSN, and $LDO, while the top three losers were $FARTCOIN, $MOG, and $HASH.