Market rebounded during U.S. trading hours and $BTC is back above 90k. As of now $BTC is trading at $91,287 and $ETH is trading at $2,996. Bitcoin dominance stands at 59.58%.
$BTC surged 6% at the U.S. market open after Vanguard lifted its ban on spot $BTC ETFs, with $IBIT recording $1B in volume in the first 30 minutes — a move analysts say reflects renewed retail and adviser-driven demand. The shift will allow advisers to recommend 1–4% crypto allocations, a development Bitwise executives describe as quiet “potential energy.”
A few other headlines include: Sonnet BioTherapeutics approves merger to go live, Atkins said in an interview with CNBC that the Commission expects to issue an “innovation exemption” for the crypto industry, and Kraken announced the acquisition of tokenized-asset platform Backed Finance.
During the last 24 hours, the top three gainers were $PENGU, $SUI, and $WIF, while the top three losers were $MERL, $ZEC, and $JST.