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Bitcoin and Ethereum lead crypto gains as stablecoin activity rises and DeFi volume falls.

Market News
06 Jul 2026
Tokenpost
View Source
Bullish
Bitcoin and Ethereum lead crypto gains as stablecoin activity rises and DeFi volume falls.

Bitcoin and Ethereum prices rose by 1.20% and 1.32% respectively, boosting overall crypto market sentiment despite a decline in decentralized finance (DeFi) trading volume. Large-cap altcoins mostly gained, with Bitcoin dominance increasing to 58%, indicating investor preference for established tokens over smaller caps. Meanwhile, stablecoin trading volume grew by nearly 5%, suggesting liquidity is ready to deploy, and derivatives volume remained high, reflecting active hedging and leveraged trading. This mixed activity signals a cautious but constructive market environment favoring quality and liquidity.

More News (BTC)

Quack AI jumps nearly 80%, leading crypto search interest amid mixed price moves

Quack AI jumps nearly 80%, leading crypto search interest amid mixed price moves

On October 17, Quack AI surged 79.96% to $0.116, becoming the most notable mover among top searched crypto assets. Despite this, other popular tokens showed mixed performance: Lighter (LIT) dipped slightly by 1.05%, Pearl (PRL) rose 8.40%, and Bitcoi...

Market News
Neutral
5 hours ago
Bitway surges 26.23% in 24 hours, leading gains among top 90 cryptocurrencies.

Bitway surges 26.23% in 24 hours, leading gains among top 90 cryptocurrencies.

Bitway's price jumped 26.23% to $2.44 within 24 hours, outperforming 75 other major cryptocurrencies that mostly declined. It ranked 33rd by market capitalization and had also led gains recently on October 14. Other notable moves included Monero risi...

Market News
Neutral
7 hours ago
Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

Crypto derivatives open interest drops, led by Solana with a 6.59% decline on Oct 17

On October 17, open interest in crypto derivatives fell across five major assets, with Solana experiencing the largest drop of 6.59% to $895 million. Bitcoin maintained the highest open interest at $7.62 billion despite a 1.50% decline, while Ether h...

Market News
Bearish
8 hours ago
Bitcoin may drop to $10,000 amid stock market ties and rising bond yields, says strategist.

Bitcoin may drop to $10,000 amid stock market ties and rising bond yields, says strategist.

Commodity strategist Mike McGlone predicts Bitcoin could fall to $10,000 due to its strong correlation with US equities and vulnerability to stock market downturns. He argues Bitcoin has failed to show resilience and is influenced by broader financia...

Market News
Bearish
10 hours ago
Bitcoin stalls near $81,500 as short-term bears and long-term bulls battle for control.

Bitcoin stalls near $81,500 as short-term bears and long-term bulls battle for control.

Bitcoin's price hovered around $81,500 on October 17, 2026, caught in a technical standoff between short-term bearish signals and longer-term bullish trends. Support is strong near $81,000, while resistance lies around $82,500 to $83,000, with a key ...

Technical Signals
Neutral
10 hours ago
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