Traders lean into supply compression stories in altcoins as Hyperliquid ramps up token burns and Jupiter freezes new emissions, even as bitcoin churns between $60,000 and $69,000 with muted flow.
At the iConnections conference in Miami this week, allocators signaled digital assets are now a core sleeve in alternatives.
Solana led major tokens with a 10.8% bounce, while ether reclaimed $2,000 and bitcoin climbed back above $66,800 ahead of traditional futures opens on Sunday.
A prediction market about military strikes on a sovereign nation now sits alongside presidential election bets as one of the most-traded contracts the platform has ever hosted.
The death of Iran’s supreme leader opens the door to regime change, and markets are pricing in a shorter period of tension.