Celestia Rides BTC-Led Market Bounce
Celestia (TIA) rose by 3.13% in a broad crypto market rebound, not driven by a specific Celestia catalyst.
The overall crypto market cap increased from $2.21 trillion to $2.31 trillion, a gain of around 4.7%, while altcoins excluding BTC grew by about 3.9% in the same period.
This suggests that TIA's price movement is a beta response to the broader environment, rather than a project-specific trigger.
The main driver of the market-wide bounce was Bitcoin (BTC), which briefly touched $65,000 and provided a short-squeeze that liquidated tens of millions of dollars in BTC shorts.