Key Highlights The global cryptocurrency market valuation reached $2.76 trillion amid a broad-based rally that persisted despite interest rate hikes from the Federal Reserve and the Bank of Japan. Near Protocol (NEAR) surged to $3.7830, breaking above a key $3.08 cup-and-handle resistance, though an RSI of 85 signals overbought conditions and a potential retest of ...
Crypto Market Shifts to Defensive Posture Amid Rising Yields and Rate-Hike Fears This week, the cryptocurrency market adopted a more defensive setup. Rising Treasury yields, climbing oil prices, and growing expectations for Federal Reserve rate hikes pressured risk assets, pushing Bitcoin (BTC) below the $77,000 threshold. However, the sell-off was not uniform across the board. ...
Venice Token ($VVV) fell 13% to $16.03 at press time, even as its protocol-level performance continued to improve. Data from DeFiLlama showed record quarterly earnings…