$BTC back above $70K and honestly the way it held during that oil shock last week tells you everything about where the sentiment is now. Big buyers and OTC desks were quietly accumulating while everyone was in a panic — classic. Trading at $70,458 this morning, up over 4% in 24h, and $ETH right behind at $2,053 with a solid increase of 3.7%.
The story that nobody is talking enough about, however — Hyperliquid just hit $1.2 billion in open interest in its permissionless market. Tokenized futures on stocks, oil, gold, all on the rise. HYPE itself up 12% today and sitting at $34. This protocol is quietly becoming a monster.
Meanwhile, Nvidia is reportedly building an open-source platform for autonomous AI agents and AI tokens are receiving bids across the market. $SOL at $86.70 up 4.3% riding that wave too. Even the Pudgy Penguins launching their browser game made the PENGU spike 9% — you have to love this market when everything gets a bid at the same time.
One thing worth noting: Bhutan dumped another 175 BTC yesterday, its stack is reduced to 5,400 from a peak of 13,000. Sovereign selling pressure is real, but clearly the market is absorbing this without breaking a sweat. That is strength.
This content is prepared by Kasonso who always insists that it is not financial advice, do your own research. Keep investing and enjoying the profits.
#Bitcoin #Crypto #Altcoins $BTC
