Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9%
Bitcoin rose above $81,400 as Asian chip stocks rallied, with frog-themed memecoin pepe adding 9%.
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Summary
- Bitcoin’s gain came as South Korea’s Kospi jumped 6.6% and Nasdaq-100 futures added 0.5%. SK Hynix surged around 11% after reporting a sevenfold jump in profit.
- Pepe advanced 9.4% after Arkham Intelligence said wallets it links to Tron founder Justin Sun hold around $51 million of the token.
- U.S. spot bitcoin ETFs took in $176 million on Tuesday, a second day of inflows, according to Farside Investors.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
