Memecoins and AI Tokens Are Increasing Market Profits.

Bitcoin Faces Challenges on the Way to $70,000 Target

Bitcoin is struggling to rise to the $70,000 level, while altcoins, particularly memecoins and AI-related tokens, such as Worldcoin and Virtuals, are standing out in market performance. Despite the ongoing "extreme fear" sentiment in crypto sentiment measures, these assets are attracting attention.

Futures data reveal a deep deleverage process on major exchanges and high negative financing rates. At the same time, options markets indicate that long-term volatility expectations are beginning to stabilize.

Merkle Trade in the Closing Phase

Merkle Trade, a decentralized exchange operating on the Aptos blockchain, is approaching closure less than two years after its $2.1 million funding round.