According to André Dragosch, global crypto hedge funds are currently as underweight to Bitcoin as they were during the FTX collapse. Their one-month beta to Bitcoin has declined to its lowest level since December 2022, suggesting that sellers are nearing exhaustion.

According to RootDataLabs, the top gainers in the last 24 hours include $BLOCK from Blockassetco, $BETA from beta_finance, $BUBBLE from Imaginary_Ones, $AKRO from akropolisio, $LEVER and $MOBILE from LeverFi, $ZIG from zignaly, $WEN from wenwencoin, and $AKT from akashnet_. For detailed market data, visit rootdata.com/Market.

According to RootDataLabs, the top gainers in the cryptocurrency market over the last 24 hours are: BETA (Beta Finance), RAD (Radicle), PARAM (Param Laboratory), LISTA (Lista DAO), CVX (Convex Finance), MANEKI (Unrevealed XYZ), PBUX (Playbux Co), KAS (Kaspa Currency), and LFT. For more details, visit rootdata.com/Market.