- Market Overview: Over the past 24 hours, the cryptocurrency market has seen a significant rebound, with total market capitalization returning to approximately $3.87 trillion. Bitcoin broke above the $111,000 mark, rising nearly 2% intraday, as bullish sentiment was boosted by positive macro news. Ethereum traded in a narrow range of $3,917–$4,082, showing a gentle upward trend. Currently, Ethereum remains in a consolidation phase between structural support and resistance. A break above the $4,100 resistance area could confirm a short-term trend reversal.
- Top Movers: AVNT perpetual contracts launched on a decentralized perpetual exchange, expanding trading channels and enhancing market liquidity, driving AVNT up 54.3%. Bio Protocol completed a new funding round with backing from prominent investors, rising 16.6% over the past 24 hours. Treehouse increased 15.2%, benefiting from market attention on Merkle tree technology and Lightning Network scaling solutions.
- Alpha Insights: VanEck filed for a Lido Staked ETH ETF, marking further integration of DeFi infrastructure into traditional finance. Several leading asset managers opened Bitcoin and Ethereum ETPs to UK retail investors, laying the foundation for the convergence of traditional and crypto finance. Greenlane plans to raise $110 million to launch its BERA treasury strategy, potentially attracting more investors from the crypto sector.
Discover more details today → Gate Research: VanEck Files for Lido Staked Ethereum ETF | Greenlane Launches BERA Treasury Strategy
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