Cardano price faced renewed bearish pressure as whales offloaded over 110 million ADA in five days. Daily active addresses dropped significantly while derivatives data favored short positions.
Coinbase has warned that 7 million Bitcoin are vulnerable to future quantum computing risks and urged developers to begin preparing post-quantum network upgrades immediately using flexible signature designs.
The U.S. Treasury has expanded its debt buyback program, targeting long-end maturities as yields rise above 5% and maintain pressure on risk assets like Bitcoin.
The 30-year U.S. Treasury yield reached a 22-year high of 5.44% amid robust business data and Federal Reserve tightening expectations, placing downward pressure on risk assets and driving Bitcoin down to near $84,300.