Risk assets are down, with $BTC trading at $83,647 (-1.1%) and $ETH at $1,588 (-2.2%). Bitcoin dominance stands at 63.85%.
Mantra’s $OM token, which crashed 90%, has recovered to the $0.70–$1.00 range but remains volatile amid community distrust and ongoing investigations into exchange liquidations. CEO John Mullin denies insider dumping, citing on-chain evidence, while OKX and Binance attribute the crash to cross-exchange issues and tokenomics concerns.
A few other headlines include: OKX announces its entry into the U.S. market, Binance experiences downtime due to a temporary network interruption at an AWS data center, and Movement co-founder Rushi Manche has reportedly taken a “temporary leave of absence” amid rising controversy.
Over the past 24 hours, the top three gainers were $OM, $TKX, and $SAROS, while the top three losers were $PI, $JASMY, and $SPX.
