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From a 50% drawdown to a sudden V-shaped recovery. Short sellers lost over US$500M in 24 hours as institutional buyers stepped back in, and altcoins led the rebound.
SPX6900 (SPX) is now available on BTC Markets. Built on Ethereum, the community-driven meme token combines internet culture with on-chain transparency. Trade SPX/AUD today.
The weekly market close was red across the board. But on-chain signals show whale accumulation, and historic bottom indicators suggest this market is more interesting than the price action implies.
A volatile week for crypto, with ETF outflows, sovereign accumulation, a live debate on Bitcoin’s quantum risk, and BlackRock taking tokenised Treasuries into DeFi liquidity rails.
Ethena (ENA) is now live on BTC Markets. Built on Ethereum, Ethena powers USDe, a synthetic dollar designed to stay stable without relying on banks. Using crypto collateral and market hedging, it delivers transparency, decentralisation, and resilience in the DeFi ecosystem.
Bitcoin reclaimed US$70K as US CPI eased, XRP led alt gains on exchange outflows, ETFs stayed cautious, and a heavy short squeeze flushed leverage, setting a tentative base.