$CC
Increased by 17.7% over the last 24 hours, confidently outpacing the crypto market, which fell by 1.1% as strong fundamental factors coincided with short-term technical signals.
The rise was fueled by increasing institutional adoption — in particular, the role of Canton in handling large-scale REPO operations of the U.S. Department of the Treasury and the expansion of tokenization of real-world assets (RWA) — as well as an influx of new liquidity due to listings on Kraken, Gate, and Bybit, which sharply increased trading volumes.
From a technical perspective, the price clearly reacted to oversold RSI levels, returning to short-term moving averages and provoking a bounce, although $CC is still significantly below its recent highs, making the overall trend cautious. With resistance around $0.075 and still fragile market conditions, will $CC be able to sustain this bounce if Bitcoin re-tests key support levels?
