Bitcoin Holds Firm Above $65,000 as Aave and Ondo Surge

The cryptocurrency market has shown signs of stability as Bitcoin holds firm above $65,000. The US and Iran have extended their pause in missile strikes, while Oman is holding peace talks.

CoinMarketCap's Fear and Greed Index reflects a neutral sentiment at 39, indicating that risk-off sentiment has eased. Bitcoin's price action suggests that it may be building support at the 50-day Exponential Moving Average (EMA) at $65,086.

Aave and Ondo are emerging as top performers in the DeFi space, with Aave trading near the $100 mark and holding above its 50-day EMA. The MACD is on the verge of crossing above its signal line for Aave, hinting that buyers retain control without pushing the market into overbought territory.

Ondo has maintained a constructive bullish bias as price holds above both the 50-day and 200-day EMAs. The RSI near 64 suggests that upside momentum is still intact although gradually stabilizing.