currently trading at $78,800, clearing the $78,000 resistance level it failed to breach on Friday and a price not seen since January
A short squeeze triggered $286 million in marketwide short liquidations, with longs suffering just $132 million in losses
Total crypto futures open interest has risen over 4% to $126 billion in 24 hours, signaling renewed capital inflows and rising demand for leverage
The CoinDesk MemeCoin Index led gains with a 3.4% rise; TRUMP added 6% and DOGE gained 3.8%
The CoinDesk overnight USDC lending rate on Aave hit 15%, its highest level since 2024, following the $290 million KelpDAO exploit over the weekend
Trump extended the Iran ceasefire, lifting equities and broadly improving risk sentiment across markets
