Bitcoin Stays Above $65,000 as AAVE and ONDO Surge
Bitcoin has maintained its position above $65,000 for another day, with institutional buying and on-chain accumulation contributing to its stability. The leading cryptocurrency traded at $65,120 as of 14:00 UTC, reflecting a 0.8% increase over the past 24 hours.
The $65,000 level has acted as both a psychological and technical support zone for Bitcoin in recent days, following a brief dip below $64,000 on Monday. Analysts point to sustained institutional buying through spot Bitcoin ETFs as a stabilizing factor.
Decentralized finance tokens AAVE and ONDO have emerged as notable gainers amid the cautiously optimistic market. AAVE rose 6.4% to $145.30 after announcing a new cross-chain liquidity initiative, while ONDO surged 11.2% to $0.89 following the launch of its real-world asset tokenization product.
Total cryptocurrency market capitalization stands at $2.48 trillion, up 1.1% from yesterday, with trading volumes remaining moderate at $68 billion exchanged across all assets in the last 24 hours.