Is the Bull Market over? The AI Manhattan Undertaking! Monad Launch Response!
Crypto majors rallied alongside a broad market surge, with BTC up 2% to $87,400, ETH up 4% to $2,920, BNB up 1% to $850, and SOL up 5% to $136, whereas KAS (+22%), ENA (+13%), and SUI (+11%) led the day’s prime movers. The NASDAQ jumped 2.7% as shares equivalent to GOOG (+6%) and TSLA (+7%) posted sturdy positive factors. In coverage and trade developments, the White Home launched the “Genesis Mission,” described as a Manhattan Undertaking–type initiative for AI, and Binance together with CZ confronted new accusations of enabling crypto transactions for Hamas. Kraken hinted at a debit card debut anticipated at this time, and Tether bought one other 1 million Rumble shares, pushing the YouTube rival’s inventory sharply greater. In the meantime, the European Central Financial institution reiterated its warnings that the fast progress of stablecoins might introduce stability dangers to the broader monetary system.