Curve DAO's token CRV has surged 11% after breaking above the key resistance level of $0.26, signaling a strong bullish trend. This breakout is supported by a 15% rise in Open Interest to $57.4 million, indicating fresh capital inflow rather than just short covering. Additionally, long positions dominate at 58.3%, and large whale orders suggest increased buying pressure. If CRV maintains above $0.26, the next target is $0.30, but falling below could reverse gains.
Bitcoin held steady near $63,600 following a U.S. inflation report that met expectations, calming market nerves but not driving major moves. The broader crypto market cap dropped slightly to $2.18 trillion, with altcoins Monero (XMR) and Hyperliquid ...
Crypto markets started August with Bitcoin struggling to reclaim $65k, keeping altcoins under pressure and limiting capital rotation. LayerZero (ZRO) led weekly gains with an 18.7% rally, showing signs of bullish recovery but still facing resistance....
