Artificial Superintelligence Alliance (FET) fell about 12% due to capital outflows and increased selling pressure in its perpetual market, with open interest dropping to $71 million. Despite the downtrend and bearish whale activity, spot traders have been actively buying, accumulating $8.9 million worth of FET in the last day and showing continued interest. This buying could potentially soften the decline if it sustains, although the market remains under bearish control for now.
Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...
Bitcoin remained steady just below $65,000 while the broader crypto market showed gains even as Brent crude oil surged to $97.66, its highest since May, driven by ongoing Iran conflict concerns. This resilience contrasts with past oil price spikes th...
