Bitcoin crossed $29.2K as cryptos regained their balance from a dip hours earlier that sent the crypto below $28.6K. CRV rose more than 5%. Major altcoins were mixed, albeit slightly more to the red. JPRubin23 writes
, a measure of crypto markets performance, was about flat, but improved from earlier in the day when it fell 1.7%.
Mico added that a judge's ruling against stablecoin issuer Terraform Labs' motion to dismiss a lawsuit against the SEC might"be adding to the relatively soft sentiment in the market," but he noted that investors were buying up bitcoin's recent"dips below $29,000...pretty quickly," a sign that buyers are accumulating in expectation of the SEC approving one of the recent spot BTC ETF applications.
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