Why is Crypto Up or Down?

Crypto is up (+2.1%) β€” Top: NEAR +12.9%

Crypto markets traded higher on the day (average move +2.0%) as risk appetite improved on a mix of institutional adoption headlines and steady bitcoin demand, with Strategy’s additional $21 million BTC purchase reinforcing the β€œbuy-the-dips” narrative. The news that Standard Chartered has gone live with RLUSD custody in Dubai helped support sentiment around regulated stablecoin infrastructure and payments rails, while NEAR and Avalanche led the upside as higher-beta layer-1s typically outperform when flows rotate into growth-oriented majors. Separately, ETF-related momentum in Solana and reports of funds frozen in the Ledger-linked investigation likely contributed to a firmer tone by highlighting both expanding market access and incremental progress on risk containment.

51 moves Β· 20 sources Β· Last 24h Β· 33 up / 18 down

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