Bitcoin price stuck as OGs are ‘dumping on Wall Street’: Analyst

Long-term Bitcoin holders have been selling to institutions since spot ETFs launched, keeping prices stagnant.
Long-term Bitcoin holders have been selling to institutions since spot ETFs launched, keeping prices stagnant.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto
Bitcoin (BTC) BTC traded at $107,937 as of 22:22 UTC on Sunday, up 0.54% over the past 24 hours, as attention turned to fiscal policy tensions in Washington following President Trump’s latest post on Truth Social. Price action remained volatile, with BTC
BNB BNB traded in a narrow range on Sunday, reflecting resilience amid low volatility as the BNB Chain community gears up for a significant infrastructure upgrade, according to CoinDesk Research’s technical analysis model. The Maxwell hard fork upgrade scheduled for June 30
Ondo (ONDO) ONDO rose 1.5% to $0.7671 over the past 24 hours, holding near recent highs after a week of gains, according to CoinDesk Research’s technical analysis model. The move comes roughly two weeks after Ondo Finance disclosed a new industry collaboration
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Bitcoin weekend volatility gets a late boost thanks to a familiar source with the key $109,000 BTC price closing level within easy reach.
Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill.
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