What is moving the market
The overall market sentiment is slightly positive, with an average score of 0.13. There's a focus on the progress of the Clarity Act and its impact on crypto stocks, while Bitcoin and other altcoins are also showing positive signs. However, reports of theft and negative price action for specific assets are also present.
Biggest risk
Bitcoin is nearing a structural shift and showing bull market cues, with its 200-week moving average above $60,000. TON (Toncoin) experienced a significant surge following positive news from Telegram. Conversely, XRP faces challenges with ETF outflows and weakening market depth, indicating potential downward pressure.