Market overview:

$BTC 80,936.36 (-1.21%)

$ETH 2382.02 (-1.36%)

BNB 740.05 (+0.18%)

SOL 102.56 (-2.03%)

The broader market edged lower, with sentiment turning cautious.

Top gainers and losers:

Top gainers: IRYS +263.48%, BIRB +149.39%, BMT +41.75%

Top losers: JCT -40.02%, MAGMA -23.78%, Q -19.91%

What people are discussing:

#Cardano国库被提议拨500万美元购铜 #比特币算力创七个月新高

Fund flows:

Fear & Greed Index: 51 (Neutral), up 1 from yesterday

BTC whale long/short ratio: 1.73, with longs at 63.4%

A few stories from today:

1. An exchange will list BMT

2. A leading South Korean exchange announced the listing of AXIS (KRW market)

3. A leading South Korean exchange announces the listing of BMT (KRW market)

4. IRYS is seeing a short squeeze this morning, briefly surging past $0.32 and gaining over 280% in 24 hours

5. BMT briefly surged over 50%, pushing its market cap to $20 million

My take:

Those are this morning’s key highlights. I’ll share any new developments during the day as soon as they emerge.

Are you bullish or bearish today? Let’s talk in the comments.