Why is Crypto Up or Down?

Crypto is up (+3.2%) β€” Top: NEAR +13.6%

Crypto markets traded higher on average (+3.0%) as sentiment improved around bitcoin after reports that miners have stopped selling aggressively, easing a key source of spot supply and supporting broader risk appetite. Strength in select altcoins looked more idiosyncratic: Cardano (+7.15%) outperformed alongside coverage highlighting bullish signals and renewed attention from TOKEN2049, while NEAR led the upside with double-digit gains as traders rotated into higher-beta names amid improving liquidity conditions. That rotation remains selective, consistent with CoinDesk’s note that liquidity has rebuilt in bitcoin and ether more than across the rest of the altcoin complex, keeping dispersion elevated even on up days.

30 moves Β· 20 sources Β· Last 24h Β· 25 up / 5 down

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