Overview

You are reading the Crypto Daybook Americas, your morning update on recent developments in the crypto markets.

Both traditional and cryptocurrency markets have experienced stabilization, although key volatility indicators remain high, suggesting a cautious approach among traders hoping for price increases.

Market Updates

Bitcoin, the leading cryptocurrency, briefly exceeded $92,700, recovering from a low of approximately $81,500 earlier this week. Various altcoins such as MOVE, CRO, ONDO, and Render have surged between 10% and 17% as of this report. AI-related, gaming, and Layer 2 coins have shown exceptional performance recently.

The rally may be linked to speculation around President Trump announcing a U.S. strategic bitcoin reserve during this Friday’s White House crypto summit. Furthermore, the easing of potential tariffs has bolstered Wall Street’s risk appetite, enhancing the mood across Asian and European stock markets.

While volatility indices have not significantly decreased, the Volmex BVIV index is currently fluctuating slightly below its peak reached earlier in the week, indicating ongoing market uncertainty

What’s Next

As the markets prepare for the upcoming summit, all eyes will be on potential announcements from President Trump regarding cryptocurrency policy. The political and economic implications of these announcements could reverberate through the financial markets.

Stay tuned and keep an eye on the developments as they unfold!