OKB Rides Broad Crypto Rally with 3.06% Jump
The price of OKB rose by 3.06% over the last ~23 hours in conjunction with a broad rally across the crypto market.
This move is attributed to macro policy news, ETF flows, and record liquidations that triggered a sharp surge in Bitcoin and Ethereum, which broke out of their respective ranges and jumped by as much as 18% within 48 hours.
The largest short squeeze since 2025 saw over $3 billion worth of leveraged crypto positions liquidated within a day, with analysts declaring the 'bull market has begun' for Bitcoin.
Ethereum followed suit, jumping from around $1,900 to near $2,400, and other platform tokens like OKB also rallied as a result, benefiting from the risk-on environment.