Why is Crypto Up or Down?

Crypto is down (-1.8%) — Top: AAVE -5.8%

Crypto markets traded lower on the day (average move -1.66%) as bitcoin slid toward the $63K area, with risk appetite pressured by a mix of macro-geopolitical headlines and the market’s sensitivity to political messaging highlighted in coverage of Trump’s speech alongside reports of new US strikes on Iran. The pullback spilled into higher-beta segments, with DeFi names like Aave among the notable laggards, while ongoing debate over whether institutions prefer “blockchain, not DeFi” added to the cautious tone rather than providing a clear bid for the sector.

52 moves · 20 sources · Last 24h · 5 up / 47 down

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