Crypto Defies Equity Weakness as Altcoin Optimism Builds Into the Weekend
2026-07-10 10:38:15
Bitcoin rose 2% to $64,400 on Friday, retesting a level it failed to break on Monday, while ether (ETH) gained 2.6% to $1,790 and altcoins including Zcash (ZEC) and aave climbed about 5%. Crypto diverged from U.S. equities, with S&P 500 and Nasdaq 100 futures down 0.1% and 0.4%, according to CoinDesk, as derivatives data showed 24-hour volume fell 7% to $140 billion while open interest rose 3% to $110.52 billion. BTC futures OI increased from 262K to 272K, while implied volatility gauges such as BVIV slid to 38.5, the lowest since June 6.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
