Market is up today. The reason is below
The crypto market rose 1.76% over the last 24 hours, rebounding from a 7-day dip (-1.67%) as institutional momentum and strategic $BTC adoption narratives offset derivative market risks. Main factors:
Philippines’ Bitcoin Reserve Bill – Legislative push to establish national BTC reserves fueled bullish sentiment.$BNB Resilience – Binance Coin surged 5.6% to $876.26 despite Windtree’s Nasdaq delisting, decoupling from corporate risks.Leverage Recalibration – Bitcoin futures open interest hit $40B (5-year high), signaling speculative confidence despite SOPR neutrality.
