$BTC
The cryptocurrency market has increased by 3.01% over the last 24 hours, extending a rise of 5.21% over 7 days. This momentum is driven by institutional accumulation of Bitcoin, inflows into ETFs, and a positive technical momentum. The main factors behind this evolution over
24h are:
1. Adoption of Bitcoin by businesses - The 100 million dollar BTC strategy of
DDC Enterprise with Animoca Brands
2. Increase in DeFi liquidity -
3.
The integration of tBTC from Threshold Network on Sui has unlocked more than 500 million dollars in Bitcoin liquidity
Technical breakout - The total market capitalization of crypto has breached a key resistance at 3.43 trillion dollars (23.6% Fibonacci level)