Markus10x stated that based on quantitative analysis, Hyperliquid is overvalued when the price exceeds $72, and the trading volume and repurchase strength are not sufficient to support higher prices. (CoinDesk)
BNY CEO Robin Vince announced a partnership with the US Treasury Department, Robinhood, and ND Studio to promote the implementation of Trump Accounts. (Cointelegraph)
[Upbit Suspends BONK Deposit and Withdrawal Services]
Upbit has suspended deposit and withdrawal services for BONK on the Solana network due to signs of a security incident. The resumption time will be announced separately.
HTX-BTC perpetual contract is now reported at $63838.7. According to market contract position analysis, the main force lacks confidence in the future market, and the price may decline. Please hold positions reasonably and control risks
The Federal Reserve accepted a total of $2.719 billion from 13 counterparties in its fixed rate reverse repurchase operation.
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Gold is holding up better than Bitcoin here — and the relative strength tells an important market story.
Market analysis/opinion only, not financial advice. (Aaron Dishner)