Bitcoin hovers around key support at $65,000, early on Thursday, institutional demand helps sustain recent gains. Ethereum suffers a correction, dips to $3,100 on July 25, despite optimism surrounding ETF approval by the regulator. XRP sustains above psychologically important $0.60 level. Bitcoin, Ethereum and XRP updates Bitcoin is trading at $66,198 at the time of writing, sustaining above key support at $65,000.
A correction in Optimism is likely since the momentum indicator Moving Average Convergence Divergence signals waning positive momentum in Optimism’s price trend. The green histogram bars are consecutively smaller and closer to the neutral line, as seen in the OP/USDT daily chart. Market updates Santiment data shows that Synthetix.io , dYdX , Osmosis Zone are the top DeFi related coins by notable development activity in the past 30 days.
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