- BTC rebounded strongly from $55k to fill the CME gap at $62k, after positive news that the Russian president allowed cryptocurrency mining in the country
- The whole market recovered strongly, some altcoins recovered strongly by over 20%
- Altcoins increased with BTC but did not outperform, BTC.D is still at 57.5%
- More than $76 million in stablecoin netflow was withdrawn from exchanges in the past 24 hours

Join me to play FarTap https://t.me/fartapbot?start=69186140, the Farcaster tap game, for a chance to earn 1,000 FarPoints!

Lots of whales 🐋 depositing BTC to Binance in the past 24 hours, likely someone received BTC from Mt. Gox and decided to sell 🤷‍♂️

Many people say that the price moves and then we see the news... actually, the news is often there before, we just quickly forget it, like the news of Mt. Gox payment, but after the halving, the price usually won't have any breakthrough until 6-8 months later based on history, etc.

Mab

@battomm