The crypto market is clinging to a crucial level of support, with bitcoin barely moving since midnight UTC after rebounding from its lowest level since September 2024 on Thursday.
The largest cryptocurrency was recently trading near $59,700, having fallen as low as $58,100.
Ether (ETH) failed to mirror bitcoin’s bounce, dropping a further 1% and extending its string of declines to three straight days. It recently held around $1,550.
U.S. equities also start Friday indicating weakness, Nasdaq 100 and S&P 500 futures are down by 1% and 0.4%, respectively, since midnight as the tech rally of the past three months continues to unwind.
One token that bucked the bearish market sentiment was aave , which added as much as…
