Gold surged to over 3,500 USD per ounce, reflecting a stark contrast to Bitcoin’s subdued performance. A notable whale transaction involved offloading 425 BTC for around 10,500 ETH, emphasizing current market volatility.
In the crypto futures market, 350 million USD were liquidated as Bitcoin’s price fluctuated, leading to a slight 1% increase in open interest for BTC, indicating new capital flowing in despite recent profit-taking by long-term holders.
WLFI, facing skepticism due to its troubled launch, is set to implement a buyback-and-burn program to bolster investor confidence. The token’s market cap has decreased significantly, highlighting the challenges it faces.
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