Tag: Hits

  • Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October

    Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October

    Maple Finance Token Syrup

    • Maple Finance (SYRUP) price rose 12% on strong volume.
    • Gains see bulls converge near the key resistance zone of $0.50.
    • The uptick comes as Maple hits a new all-time high in monthly protocol revenue.

    Maple Finance (SYRUP) price is experiencing a notable outperformance.

    According to CoinMarketCap data, the on-chain asset management platform’s native token has spiked more than 12% in the past 24 hours, outpacing the broader cryptocurrency market.

    Notably, gains align with the platform’s record-breaking revenue performance in October 2025, and come amid key recent developments for the Maple Finance ecosystem.

    SYRUP price jumps 12%, outpaces crypto market

    Cryptocurrencies showed a muted reaction to the Federal Reserve’s 25 basis points interest rate cut on Oct. 29. Prices fell amid Fed chair Jerome Powell’s speech.

    Bitcoin and top altcoins also showed a similar outlook during Asian hours on Thursday despite positive U.S.-China trade talks reports.

    However, amid this generally subdued crypto market reaction, Maple Finance shone.

    The SYRUP token registered an impressive 12% increase over the past 24 hours as it hit highs of $0.45.

    This surge saw the DeFi token stand alongside Zcash, Euler and Aerodrome Finance as some of the top performers on the day with double digit gains. While selling has token’s price off intraday highs, bulls are looking to hold near $0.42.

    Maple Finance SYRUP
    SYRUP price chart by CoinMarketCap

    For SYRUP, gains come amid robust trading activity.

    CoinMarketCap data shows a sustained bullish momentum on the back of strong trading volume of $76.4 million – up 120% in 24 hours.

    As bulls gather near a critical resistance level of $0.50, it appears fresh capital flows into Maple’s offerings and significant sector traction could aid the SYRUP price.

    Maple Finance hits $2.16M in monthly protocol revenue

    As SYRUP holders cheer their latest gains, also on the agenda is Maple Finance’s milestone of a new all-time high in monthly protocol revenue.

    Per details, Maple reached $2.159 million for October 2025. This milestone represents a significant leap from previous months.

    Maple Finance
    Maple Finance revenue chart from Dune Analytics

    For context, revenue figures from earlier months showed a progressive climb.

    The protocol started from modest levels around $100,000 in early 2024, before jumping to about $1.2 million by mid-2025. In October, that figure stood at over $2 million.

    Notably, the revenue boost stems from increased activity in Maple’s lending and asset management services, which cater to institutional players seeking on-chain solutions.

    Protocol fees from borrowing, lending, and yield-generating activities have increased substantially, reflecting the platform’s success in scaling its operations.

    Key gains, in both price and revenue, are unfolding against a backdrop of strategic milestones for Maple Finance. One is the sunsetting of SYRUP staking to introduce buybacks.

    The platform recently forged a partnership with Aave, a leading DeFi lending protocol, to introduce institutional-grade credit options.

    This collaboration allows for the listing of assets like syrupUSDT on Aave’s markets, enhancing liquidity and capital efficiency for users.

    Additionally, Maple recently announced reaching $5 billion in assets under management (AUM), a testament to its growing influence in managing on-chain investments.



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  • KERNEL price goes vertical on Upbit listing, hits $0.23

    KERNEL price goes vertical on Upbit listing, hits $0.23

    upbit-lists-kernel

    • KernelDAO price jumped to highs of $0.23 amid Upbit listing news.
    • The KERNEL token reached an all-time high above $0.46 in April, and it could target this mark next.
    • Gains across the crypto market will catalyse an uptick for the token.

    KERNEL, the native token of restaking protocol KernelDAO, spiked more than 25% to hit highs of $0.23 early Tuesday.

    While bulls are battling to hold onto the gains, the uptick saw the token rank among the top performers across the crypto market.

    Given overall crypto sentiment, could Upbit listing help KERNEL price extend its upward momentum amid interest in restaking protocols?

    Upbit listing propels KERNEL to $0.23 high

    As noted, the catalyst for KERNEL’s vertical price ascent today is likely trader reaction to Upbit’s announcement.

    On October 28, 2025, the leading South Korean crypto exchange confirmed the token’s listing on its KRW market, adding support for trading on the Ethereum network.

    The listing ignited immediate buying pressure, with KernelDAO daily volume spiking as bulls propelled KERNEL from lows of $0.16 to an intraday peak of $0.23 as of writing.

    Notably, daily volume stood at over $316 million, up a staggering 1,540% in the past 24 hours.

    With gains of over 20%, KERNEL ranked among the few top altcoins with double digit price movements on the day.

    KernelDAO price hovered in the list of top gainers alongside Hedera’s HBAR, Pump.fun’s PUMP and Bittensor’s TAO tokens.

    Why such interest in KernelDAO?

    KernelDAO is a leading restaking protocol behind a $1.7 billion total value locked ecosystem.

    The YZi Labs-backed project is live across top blockchains, including Ethereum and BNB Chain.

    Notably, it boasts key products like Kernel, Kelp, Gain, and Kred, a recently introduced product focused on real-world assets.

    Upbit’s listing is the latest in bullish support for the KERNEL token, with the South Korean crypto exchange known for its active trading community.

    The listing not only boosts KERNEL’s visibility but also taps into fresh liquidity pools.

    KernelDAO is a restaking infrastructure platform that provides a range of staking-related services.

    It enables restaking on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and offers Bitcoin (BTC) restaking opportunities.

    In addition, the project operates an Ethereum-based restaking protocol that runs directly on the Ethereum network.

    This system includes a vault-style smart contract designed to manage staked ETH, rsETH, and liquid staking token (LST) assets.

    The platform’s native KERNEL token serves multiple purposes, including governance, restaking, and slashing insurance within the ecosystem.

    KernelDAO bulls target $0.50 next

    KERNEL price reached an all-time high of $0.46 in April 2025, and while it dropped to lows of $0.09 in June, it has recovered by more than 115% since.

    Current prices around $0.19 means bulls are about 57% off the all-time peak.

    KERNEL chart by CoinMarketCap

    As the broader cryptocurrency market rebounds amid various catalysts, including renewed institutional interest, regulatory clarity in key regions, and macroeconomic shifts favoring risk assets, KernelDAO looks set to benefit.

    DeFiLlama shows the protocol’s total value locked (TVL) has pumped to over $1.7 billion.

    As such, gains across the restaking sector could add further fuel to KernelDAO’s ecosystem.

    Targets on the upside include the ATH and a breakout above $0.50.

    On the downside, buyers need robust activity around $0.18 and $0.16.

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  • Aster price tanks 20% as sell-off pressure hits altcoins

    Aster price tanks 20% as sell-off pressure hits altcoins

    Aster Price Bearish

    • Aster price fell 20% to near $1 as sell-off pressure hit altcoins
    • The altcoin touched its all-time high of $2.42 in September, but has declined amid broader selling.
    • Altcoins are dumping as Bitcoin slips to under $106,000.

    Aster (ASTER)’s parabolic gains in recent weeks are quickly fading in the rearview mirror as cryptocurrencies plummet.

    The decentralized exchange’s governance token fell nearly 20% to inch closer to the $1 support level, with bulls succumbing to broader sell-off dynamics.

    Aster has erased significant gains, and broader risks could see bears take control.

    Aster price extends decline amid 20% dip

    With crypto in red early Friday, Aster’s price plunged  20% to hit lows of $1.08 across major exchanges and trading platforms. 

    Having changed hands above $1.36, the double-digit declines over the past 24 hours meant ASTER ranked among the top losers alongside Zcash, Mantle, SPX6900 and Morpho. 

    Aster’s sharp downturn extends a multi-day decline since bulls failed to hold onto gains near $1.60.

    The token had surged to the mark after bouncing off lows seen during the crypto crash on October 10.

    In the past week, Aster’s price has fallen more than 32%, as profit-taking and broader macroeconomic pressures weighed on sentiment.

    The next-generation decentralized perpetuals and spot exchange, built on the BNB Chain, had previously drawn significant attention from investors and traders alike.

    Aster’s rapid rise had been bolstered by recent listings on major platforms such as Robinhood and Binance, which helped fuel earlier momentum.

    However, the euphoria looks to be dissipating as sell-off pressure across cryptocurrencies mounts.

    Bitcoin dipped below $105,000  early Friday. As bears touched lows of $104,597 after a 4% drop in the last 24 hours, top altcoins plummeted. 

    Ethereum, Solana and XRP all dipped to or below key support levels, intensifying the bloodbath.

    What next as Aster revisits $1 level?

    Currently, Aster’s price flirts with the $1 psychological threshold.

    This is a key level that bulls have to defend to avoid giving up further ground.

    Prices, as the chart below shows, have recently consolidated above the critical mark.

    ASTER price chart by TradingView

    However, the sharp decline and breakdown from a descending triangle pattern mean bulls are at risk of more pain.

    The token’s all-time high of $2.42 on September 24 is well off.

    Nonetheless, technical indicators such as the Relative Strength Index (RSI) on the daily put ASTER in oversold territory.

    What this suggests is that exhausted selling could allow bulls to target a rebound. 

    Any downward pressure could nonetheless see the support at $1.00 collapse.

    Data from Coinglass shows a sharp decline in open interest for Aster, now at $477 million.

    Bullish positions have borne the brunt of the correction, with long liquidations accounting for nearly 90% of total liquidations — more than $10 million out of $12 million in the past 24 hours.

    Short positions made up just $1.73 million of the total.

    For bulls, a decisive breakout above $1 remains critical to regain momentum.

    Conversely, sustained selling pressure below $0.85 would likely hand control to the bears.

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  • Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    Bitcoin hits a 6-week high above $120,000, defying a government shutdown

    • Bitcoin has broken above the key $120,000 level for the first time since August.
    • The rally is fueled by renewed optimism about macroeconomic tailwinds.
    • BTC futures open interest has hit a record high of $32.6 billion.

    The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not seen since mid-August as a powerful wave of optimism sweeps through the market.

    The breakout, which follows a steady five-day climb, signals that traders are decisively positioning for a bullish final quarter of the year, undeterred by the political chaos unfolding in Washington.

    This is a rally built on both renewed macroeconomic hope and a powerful internal market dynamic.

    In the derivatives market, the conviction is palpable, with open interest in BTC futures soaring to a new record high of $32.6 billion, a clear sign that traders are placing big bets on further upside.

    A short squeeze in the making?

    Beneath the surface of this bullish momentum, a potentially explosive setup is taking shape.

    On-chain analyst Skew has noted that even as open interest soars, a significant number of short positions are also piling up.

    This creates the perfect conditions for a “short squeeze,” a violent upward price move that is triggered when a rising price forces a cascade of short-sellers to buy back their positions, adding even more fuel to the rally’s fire.

    The shutdown factor: a crisis becomes a catalyst

    Ironically, the political crisis in the United States may be a key catalyst for the market’s renewed optimism.

    The ongoing government shutdown has injected a dose of profound uncertainty into the economic picture, a chaos that traders seem to believe will ultimately benefit risk assets like Bitcoin.

    Treasury Secretary Scott Bessent warned on Thursday that the shutdown could have a real and damaging impact.

    “We could see a hit to the GDP, a hit to growth and a hit to working America,” he told CNBC.

    This economic weakness, coupled with the fact that the Federal Reserve will be deprived of a fresh jobs report, makes an interest rate cut at the end of this month all but a certainty.

    The flip from skeptic to believer

    The sheer strength of the recent advance has been enough to turn even the skeptics into believers.

    Paul Howard, a senior director at the crypto trading firm Wincent, admitted he had been skeptical about a rebound earlier in the week, but the market’s relentless climb has changed his mind.

    “With $BTC trading back at levels last seen in mid-July, the total market cap is once again above $4 trillion,” he noted.

    We have seen a slow grind higher breaking above $115,000, indicating we are now more likely to stay above this level, with a CME gap to lock in the floor at $110,000.

    His conclusion is now as bullish as the market’s momentum. “I believe we are now set to see a sustained rally above $120,000 in the coming weeks,” he added.

    The quiet days of late September are over, and the battle for the next leg higher has begun.

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  • Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster price holds $1.7 as whales buy, perps volume hits $11B

    Aster Whales Buy

    • ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion.
    • With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish.
    • Upcoming token unlock could introduce volatility.

    While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7.

    The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion.

    ASTER’s growth as a platform in the decentralised finance (DeFi) space is key to bulls’ momentum.

    Perps volume hits $11 billion as ASTER holds $1.7

    ASTER’s price has held around $1.7 after retreating from its highs of $1.97 across major exchanges.

    The current price reflects a 13% surge in the last 24 hours, outpacing top coins after Monday’s bloodbath.

    The token remains well over 1,870% up since its all-time low of $0.084 on September 17, 2025.

    Price consolidation sees ASTER rank among the best performers on the day.

    Most notably, the decentralised exchange platform has recorded a staggering $11 billion in perps trading volume.

    Spot trading volume also spiked, increasing by over 8% to $2.1 billion.

    Multi-chain support and Aster’s Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, has driven significant user engagement.

    Bybit’s $100k reward pool campaign also boosted participation, with deposits and spot trading rising.

    Meanwhile, Aster has benefitted from the endorsements of influential figures in the space, including Binance’s Changpeng Zhao.

    ASTER price and its potential for parabolic gains have seen a whale double down on the token with 7.14 million ASTER tokens worth over $10.5 million.

    The whale scooped the tokens via two wallets, Lookonchain noted.

    The whale deposited 4.5 million Tether (USDT) into the Aster exchange and withdrew 7.14 million.

    On-chain data showed the bull sat on an unrealised profit of $6 million.

    What’s next for the ASTER price?

    ASTER is testing resistance at $1.75, with upside potential toward $1.90 and the key $2.00 psychological mark.

    A breakout above this range could open the door to fresh highs, particularly if sentiment across the broader crypto market turns supportive.

    Near term, however, risks are building as profit taking coincides with an upcoming token unlock.

    With millions of ASTER tokens set to enter circulation, selling pressure—particularly from airdrop claimants—could weigh on price momentum.

    On the downside, $1.58 is emerging as the critical support level. A sustained break lower could see prices slip toward $1.48, where bulls may attempt to regroup.

    Despite these risks, consolidation around current levels remains possible.

    Should the market absorb selling and broader adoption of ASTER’s zero-knowledge proof–powered DEX infrastructure continue, a decisive break above $2 could mark the beginning of a stronger bullish leg.



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  • OKB price hits new all-time high amid a 50% spike

    OKB price hits new all-time high amid a 50% spike

    OKB Price Skyrockets To New All Time High

    • OKB price rose 50% to hit a new all-time high of $195.
    • The altcoin is outpacing peers as investors react to tokenomics changes.
    • OKB is seeing traction as altcoins bid to break higher.

    OKB, the native token of the OKX exchange, has soared to a new all-time high of $195, with intraday gains of over 50% catapulting the altcoin to the new ATH.

    OKB’s price surge has also come amid a significant spike in daily volume, with market data showing the OKX token witnessed a staggering 428% uptick in 24-hour trading volume.

    At the time of writing, the metric hovered around $1.17 billion.

    Meanwhile, OKB is one of the standout performers in the past 24 hours and week, outpacing top altcoins as recent bullish catalysts keep bulls in control.

    BNB also hit a new peak as exchange tokens rally.

    Why OKB surged 50% as it hit a new all-time high

    As top altcoins braced for a fresh dose of downside volatility, OKB extended its recent rally to a new ATH.

    Having gone vertical from lows of $46 to highs of $116 on Aug. 13, the token retested the $92 area.

    But bulls have traded higher since, breaking above $150 and hitting the intraday record high of $195 on Aug. 21.

    OKB chart by CoinMarketCap

    The buying pressure follows a strategic tokenomics overhaul that OKX undertook recently, with this significantly altering the OKB’s supply dynamics.

    On Aug. 13, OKX executed a massive one-time burn of 65.26 million OKB tokens, slashing the circulating supply by over 50% to a fixed cap of 21 million tokens.

    The move meant OKX aligned its token’s supply with Bitcoin’s hard cap, with the deflationary event a key catalyst to the parabolic price action.

    The supply change has seen OKB’s market cap surge to $4 billion, while the price has increased nearly 90% in the past week and over 290% in the past 30 days.

    As well as the token burn, OKX introduced an upgrade to its zero-knowledge Ethereum Virtual Machine (zkEVM) network built with Polygon technology.

    The upgrade boosted the network’s transaction capacity to 5,000 transactions per second while slashing gas fees to near-zero levels, enhancing OKB’s utility as the native gas token.

     OKB price outlook

    OKB’s price trajectory has pushed key technical metrics to extreme levels, with the Relative Strength Index (RSI) hitting overbought conditions.

    Per the daily chart, OKB’s price hovers at a level where the RSI is above 92 and signaling a potential reversal.

    OKX price chart by TradingView

    However, the Moving Average Convergence Divergence (MACD) remains strongly bullish, with the MACD line above the signal line.

    This and the histogram’s outlook suggest sustained buying pressure.

    If bulls weather profit-taking deals, the next target will be a spike above $200 and further price discovery.

    On the downside, support levels include $125 and $92.

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  • Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    Bitcoin hits new all-time high as Fed easing bets and favorable US policy align

    • Bitcoin smashes its record, climbing to a new all-time high of $124,002.
    • Hopes for a significant Federal Reserve rate cut are fueling the rally.
    • A new executive order opens the door for crypto in 401(k) retirement plans.

    Bitcoin blasted through to a new all-time high on Thursday, as a perfect storm of roaring optimism over Federal Reserve policy and a series of powerful pro-crypto reforms converged to send the digital asset into uncharted territory.

    The move signals a dramatic new phase for a market that has been supercharged by a seismic shift in the US political and regulatory landscape.

    In early Asian trading, the world’s largest cryptocurrency climbed as much as 0.9% to touch $124,002.49, decisively surpassing the previous peak it set in July.

    The tidal wave of buying lifted the broader market, with the second−largest token, Ether, surging to 4,780.04—its highest level since the bull market of late 2021.

    The three-pronged catalyst: Fed, institutions, and the White House

    This record-setting rally isn’t a random surge; it’s being powered by a clear confluence of forces.

    According to IG market analyst Tony Sycamore, Bitcoin’s momentum is a direct result of “increasing certainty of Fed rate cuts, sustained institutional buying and moves by the Trump administration to ease investment in crypto assets.” 

    The technical picture is now just as bullish, with Sycamore noting that a decisive move could open the floodgates for a much larger run. “Technically a sustained break above $125k could propel BTC to $150,000,” he wrote in a note.

    The ‘crypto president’ and the $1.6 trillion surge

    Since President Donald Trump’s return to the White House, the regulatory environment in the United States has transformed from hostile to overtly favorable.

    Trump has proudly labeled himself the “crypto president,” and a series of long-sought regulatory wins for the industry have followed throughout 2025, from the passage of landmark stablecoin regulations to a broader overhaul by the securities regulator to accommodate digital assets.

    The market impact of this policy pivot has been staggering. Bitcoin itself has risen nearly 32% so far in 2025.

    More broadly, the entire crypto sector’s market capitalization has ballooned from about $2.5 trillion in November 2024, when Trump won the election, to over $4.18 trillion today, according to data from CoinMarketCap.

    Unlocking retirement billions: the 401(k) game-changer

    The latest and perhaps most significant tailwind came from an executive order signed last week on Thursday.

    The order paved the way for crypto assets to be included in 401(k) retirement accounts, a move that could unlock a colossal new wave of mainstream capital for the asset class.

    This is not just a win for investors; it’s a potential boon for asset management giants like BlackRock and Fidelity, whose crypto exchange-traded funds (ETFs) could become staples of American retirement planning.

    However, this push into long-term savings is not without its perils.

    The very volatility that creates spectacular rallies also poses significant risks, especially for retirement accounts that have historically relied on the relative stability of stocks and bonds.

    For now, though, the market is firmly focused on the upside, celebrating a new era of legitimacy that has sent its leading asset to heights once thought unreachable.

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  • Altcoins soar, Bitcoin stalls as Fed rate cut speculation hits fever pitch

    Altcoins soar, Bitcoin stalls as Fed rate cut speculation hits fever pitch

    Altcoins soar, Bitcoin stalls as Fed rate cut speculation hits fever pitch

    A simmering crypto rally boiled over into a full-blown frenzy during late US trading hours on Tuesday, after Treasury Secretary Scott Bessent dropped a bombshell suggestion that sent shockwaves through the market: the Federal Reserve should consider an aggressive 50 basis point rate cut.

    His words acted like rocket fuel for risk assets, unleashing a powerful new leg higher for altcoins while leaving Bitcoin watching from the sidelines.

    The market-moving comments came during an interview on Fox News, where Bessent openly questioned the central bank’s next move. 

    “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent stated. He went further, criticizing the central bank’s information-gathering process, adding that the Fed could have cut rates as early as June if it had been given accurate data, which he described as a “foundational issue.”

    The Bessent fffect: unleashing the bulls

    While markets had already almost fully baked in a standard 25 basis point cut for September, the mere mention of a 50-point move from a figure of Bessent’s stature completely reset expectations.

    Although the Treasury Secretary is not a member of the Federal Reserve, his words carry immense weight.

    President Trump has tasked him with leading the search for a replacement for current Fed Chair Jerome Powell, making his views a potential preview of the central bank’s future policy direction.

    The reaction was immediate and fierce. Ether (ETH), already enjoying a positive day, blasted higher, surging nearly 9% over the past 24 hours to trade above $4,600 for the first time since the heady days of November 2021.

    An altcoin affair

    This was emphatically an altcoin-driven rally. Other major cryptocurrencies joined the surge, with Cardano (ADA), Solana (SOL), and Litecoin (LTC) each rocketing ahead by about 8%. XRP also caught a bid, rising 3.5%.

    This flood of capital into digital assets mirrored a rally in equity markets, which climbed more than 1%, while the dollar weakened against all major currencies.

    Conspicuously absent from the party were the Bitcoin bulls.

    The world’s largest cryptocurrency remained largely unchanged, hovering around the $120,000 mark, suggesting traders were selectively deploying capital into assets perceived to have more immediate upside in a “risk-on” environment.

    The stage for this dramatic late-day surge had been set earlier on Tuesday morning. The initial spark for the rally came after new data showed US consumer prices in July rising roughly in line with economist estimates, providing a sigh of relief.

    But it was Bessent’s unexpected words that turned that sigh of relief into a roar of speculative excitement.

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  • Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound

    Fear & Greed Index hits 63 as Bitcoin, ETH, and SOL rebound

    Fear & Greed Index hits 62 as Bitcoin, ETH, and SOL rebound

    • Fear & Greed Index hits 63, up from “Neutral” the day before.
    • Profit-taking among short-term BTC holders has eased.
    • Analysts see potential for BTC breakout toward $125,000.

    Bitcoin regained ground above $114,000 on Thursday, marking a return in investor confidence after a volatile weekend triggered short-term jitters across the cryptocurrency market.

    As sentiment improved, the Crypto Fear & Greed Index climbed to 63 — a level that signals “Greed” — suggesting traders anticipate further upside despite recent turbulence.

    The bounce follows Bitcoin’s decline to $112,000 over the weekend, down from its mid-July peak of $123,100.

    However, the modest 1% rebound over the past 24 hours to $114,961 has shifted outlooks among both traders and analysts, who now see signs of short-term stability.

    Bitcoin price
    Source: CoinMarketCap

    Broader market rebounds with ETH up 2.52%, SOL up 3.26%

    The wider digital asset market mirrored Bitcoin’s move. Ether (ETH) gained 2.52% in the past 24 hours to trade at $3,724, while XRP (XRP) rose 1.87% to $2.99.

    Solana (SOL) posted the strongest performance among major altcoins, climbing 3.24% to $169.56.

    The change in market direction coincided with a cooling off in profit-taking by short-term Bitcoin holders.

    According to experts, this group—defined as those holding for less than 155 days—has significantly reduced its selling activity since earlier this week.

    This reduction in sell pressure is seen as one reason behind Bitcoin’s ability to reclaim price levels lost during the weekend drop.

    Market watchers suggest that fewer short-term exits often signal a return to confidence, especially when prices are inching higher after a correction.

    Analysts eye potential for Bitcoin breakout above resistance

    Crypto analysts have responded to the sentiment shift by highlighting a potential bullish breakout.

    Several trading desks tracking Bitcoin’s price action noted that the asset is once again testing a key resistance zone.

    This pattern of consolidation near the upper range is often seen ahead of upward breakouts, particularly when supported by improving sentiment indicators like the Fear & Greed Index.

    Historical price behaviour also shows that when Bitcoin holds above psychological levels such as $110,000 after a sharp dip, it tends to attract renewed buying interest from both retail and institutional participants, increasing the likelihood of a continuation in upward momentum over the short term.

    Crypto market regains momentum amid reduced profit-taking

    The shift in sentiment, now back in the “Greed” zone, is closely watched as an early indicator of investor mood and market trajectory.

    Thursday’s reading of 63 represents a notable recovery from the previous day’s “Neutral” rating, underlining how quickly outlooks can change in the crypto sector.

    Bitcoin’s gradual rebound and ETH and SOL’s stronger rallies suggest that investors may see the latest uptick as the start of a broader recovery, rather than a brief relief rally.

    Much will now depend on whether Bitcoin can break above its current resistance level and establish a new short-term trend.

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  • 1inch price forecast: 1INCH hits 7-month high after double digit gains

    1inch price forecast: 1INCH hits 7-month high after double digit gains

    • 1inch price reached highs of $0.36, a 7-month peak.
    • The price of 1INCH could break the short-term hurdle at $0.50 and target $1.
    • Currently, 1INCH trades around $0.33, near a critical pivot zone.

    1INCH, the native token of the 1inch Network, has skyrocketed to a seven-month high of $0.36, up 11% in 24 hours and more than 80% in the past week.

    This uptick, fueled by a combination of team accumulation, exchange withdrawals, and booming decentralised activity, signals a potential structural reversal for the decentralised exchange aggregator.

    With trading volumes spiking and technical indicators flashing bullish signals, it’s possible 1INCH could extend gains.

    1inch price performance

    1inch has extended its recent rally, building on gains since rebounding from a low of $0.18 on July 8, 2025.

    The token, which had traded as low as $0.15 in April, has since broken through a key resistance level to reach price levels not seen since January.

    The latest surge comes amid reports of significant accumulation by the project team, with millions of dollars’ worth of 1INCH tokens reportedly purchased.

    The development has reduced the circulating supply and reinforced investor confidence, helping fuel the current bullish momentum.

    However, the altcoin’s gains align with Bitcoin’s retreat.

    Profit taking has pushed BTC down from above $122k to around $117k, suggesting a likely downturn.

    Nonetheless, analysts are bullish that a reversal will give bulls another lift.

    “Bitcoin’s retracement is healthy: it slows leverage, resets funding rates and implied volatility, and moves open interest from speculative upside calls into fresh strikes and maturities, giving the next leg of the bull market a sturdier foundation,” said Pierre Rochard, CEO of the Bitcoin Bond Company.

    What’s next for 1INCH?

    1INCH’s trajectory has been on the upside since July 8 as buyers broke above the short-term hurdle of $0.32.

    With a successful retest in place, the 1inch price could go on to target highs of $0.50.

    Short-term, a break above $1 will encourage bulls to hunt the April 2022 supply zone around $1.77.

    1inch price chart by TradingView

    The nearly 80% spike this week also comes amid fresh DeFi momentum, with trading volumes across decentralized exchanges on the up.

    The MACD indicator remains bullish. However, 1INCH is trading in the overbought zone with the daily RSI at 78.

    As such, currently trading at $0.37 means 1INCH sits at a critical pivot zone.

    Resistance levels at $0.37, $0.39, and $0.42 are the immediate hurdles.

    If bulls break these barriers, a rally toward $1 or higher could unfold.

    However, traders might want to watch for volatility, as a pullback to $0.30 could welcome bears back into contention.

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