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AMD’s Radeon RX 9060 XT Could Do Budget GPUs Better Than Nvidia

by admin May 21, 2025

In the battle of the low-end, 60-class graphics cards, AMD wants to see if it can pull off the same sucker punch of price and performance it gave Nvidia during the launch of its mid-range GPUs. The graphics card maker offered the first, sparse details on its Radeon RX 9060 XT graphics processors late Tuesday at Computex. The card may offer enough power for your PC to hit solid gaming performance at 1440p resolution, similar to the $450 Nvidia GeForce RTX 5060 Ti, on cheaper gaming rigs. The real inflection point of this latest card will be whether you can actually buy it for its base price.

The Radeon RX 9060 XT is the step down in GPU performance from the RX 9070 that AMD launched back in March. It’s based on the same RDNA 4 microarchitecture of the mid-range cards, but with 32 of the company’s latest compute units compared to the 56 on the higher-end card. The GPU comes with two options: one with 8 GB and another with 16 GB of GDDR6 VRAM. The version with more memory will be better for your rig long-term, especially if you plan to hook your PC up to a 1440p monitor and run the latest, more graphically intensive games.

AMD did not offer us the full range of specs, which makes it hard to pin down just where this GPU will land in terms of raw performance compared to Nvidia’s latest cards. While the number of RDNA 4 compute units—the core clusters on AMD cards that process the thousands of calculations necessary for graphically intensive tasks—offers a vague impression of performance compared to the RX 9070, AMD didn’t provide any charts to compare FPS between games. The GPU runs on a 3.13GHz boost clock and has between 150W and 182W of board power compared to the 2.54 GHz clock and 304W board power on the company’s Radeon RX 9070 XT.

Without a price tag, it’s impossible to judge how much of a step down the latest card is compared to the RX 9070. AMD didn’t offer any word on a non-XT variant, either. The card will require a PCIe 5.0 x16 interface, the same as its other cards. AMD doesn’t craft its own GPUs and instead relies on AIC (add-in card) makers to produce its cards. We’ll update this article if AMD announces details on price or availability during its Computex keynote.

The crown jewel of AMD’s current lineup of graphics cards is the RX 9070 XT. AMD made headlines when it set the suggested sale price of the GPU at $600, only $50 more than the 9070, but it packs enough performance to get playable framerates out of multiple intensive games at 4K with a fair amount of ray tracing settings turned up. Unfortunately, because of a combination of tariffs and stock woes, the 9070 XT ended up priced at over $800 and as high as $1,000 at some online retailers.

We’ve seen prices fluctuate regularly over the past several months, but a near 20% price inflation to what should be a mid-range card is simply too much to stomach. However, the lower-end GPUs are faring better. The RTX 5060 Ti MSRP is set at $450, and the lowest price we’ve seen so far is $480. The $300 RTX 5060 is sitting closer to $320 from some AIC makers like Gigabyte. A fair number of Nvidia’s lowest-end GPUs are currently listed as “Out of Stock” or “Coming Soon” on sites like Newegg and Best Buy. Those buying a lower-end GPU are more price sensitive than people who can drop $2,000 on an RTX 5090 without blinking. AMD has even more impetus to set a price people can afford, and make sure it can keep costs level when the card finally hits store shelves.

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May 21, 2025 0 comments

GameFi Guides

Bancor sues Uniswap for patent infringement

by admin May 21, 2025

Bprotocol Foundation and LocalCoin have filed a lawsuit against Uniswap Labs and the Uniswap Foundation, alleging patent infringement.

On May 20, 2025, the Bprotocol Foundation and LocalCoin, entities behind Bancor Protocol and the Bancor token BNT, announced the lawsuit against Uniswap (UNI). The platforms filed the lawsuit in the United States District Court for the Southern District of New York.

Bancor is accusing Uniswap for infringing on the protocol’s patents around technology on smart contracts use in decentralized trading. Uniswap is a leading decentralized exchange that commands huge volumes and users in the crypto market.

In the lawsuit, Bancor alleges that Uniswap has used its patented technology underpinning the constant product automated market maker (CPAMM), the core mechanism powering the Uniswap Protocol. Bprotocol and LocalCoin claim this constitutes unauthorized use of proprietary technology.

“When an organization continuously uses our invention without our authorization and does so as a means of competing with us, we must take action,” reads part of the press release Bancor published on Tuesday.

The project claims Uniswap has relied on this technology over the past eight years, all without permission from Bancor.

The legal action, according to Bprotocol Foundation and LocalCoin, is intended to defend their intellectual property from continued unlicensed use.

Bancor filed for a patent for its decentralized trading technology in 2017, having invented it in 2016. It’s the same technology that it used to launch its AMM powered DEX protocol.

Bprotocol Foundation and LocalCoin say they own all rights pertaining to the invention, and that Uniswap Labs has illegally used it in the Uniswap Protocol since launching v1 in November 2018. The protocol unveiled its new DEX platform Carbon in April 2023.

The Uniswap Protocol meanwhile has grown since v1.

Recently, it crossed the $3 trillion cumulative swap volume, a milestone that comes amid a resurgence in the DeFi market.

Meanwhile, the total value locked in the protocol has increased significantly amid upgrades that have seen Uniswap launch v4.

According to DeFiLlama data, Uniswap TVL currently stands at over $4.8 billion.

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May 21, 2025 0 comments

Game Updates

Don’t be shocked that Guillermo del Toro’s Frankenstein isn’t horror

by admin May 21, 2025

Guillermo del Toro recently spoke at the Cannes Film Festival, sharing some details about his upcoming film Frankenstein, set to release on Netflix later this year. As reported by Variety, he said he’s been asked whether his movie will have “really scary scenes.” That prompted the Academy Award-winning director to ponder how people would receive the movie made: “For the first time, I considered that. It’s an emotional story for me. It’s as personal as anything. I’m asking a question about being a father, being a son… I’m not doing a horror movie — ever. I’m not trying to do that.”

While it can be confusing to hear a man with story and producer credits on a film literally called Scary Stories to Tell in the Dark (adapted from the excellent book of the same name) say he’s “not trying to do” horror, that mindset aligns with most of his career.

Del Toro’s early movies, like Cronos and The Devil’s Backbone, can certainly be classified as horror. While his later films feature frightening elements, though, they break away from conventional horror and lean more into gothic fantasies and dark fairy tales. I was as scared as anyone by the Pale Man in Pan’s Labyrinth, perhaps his most famous film, but that doesn’t make it a horror movie. It’s more of a fantasy and a parable, examining the realities of war through the eyes and imaginative reinterpretations of a young girl.

Though Crimson Peak tells a ghost story, it features romance at its core. And The Shape of Water continues a focus on romance, as well as telling a story centered around embracing the Other. With an ending that sees protagonist Elisa (Sally Hawkins) becoming a mythical creature herself, it’s more of a fairy tale than a horror film.

Emphasizing with the ostracized is at the core of plenty of del Toro’s work, whether its Elisa and The Amphibian Man’s fairy-tale-esque love story or Hellboy’s pursuit of normalcy in del Toro’s adaptation of Mike Mignola’s comics. “The first time I thought I was going to avenge the creature was when Marilyn Monroe is coming out [of 1954’s The Creature from the Black Lagoon] in The Seven Year Itch with Tom Ewell, and she says the creature just needed somebody to like him,” del Toro said at Cannes. “I fell in love with Marilyn, and I fell in love with the creature in that scene at a very early age. And I thought, you know, all we have is people that look at people the wrong way. That’s what we have in this world.”

Don’t expect Frankenstein to be any different. “[F]or me, it’s an incredibly emotional movie,” del Toro said. With its focus on the parental relationship between Victor Frankenstein and his creation, Frankenstein sounds similar to del Toro’s last film, the stop-motion Pinocchio. “[Geppetto] has asked, almost like in a horror tale: ‘I want my child back.’ And the child comes back in a way that he doesn’t recognize,” del Toro told Polygon about Pinocchio in 2022. It marked his return to animation after a pooping burglar destroyed his first attempt at the medium. Now that’s what I’d consider a horror story.

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May 21, 2025 0 comments

AMD's Jack Huynh on stage at Computex 2025 in front of an FSR 4 Redstone presentation

Product Reviews

AMD just gave us our first glimpse of FSR 4’s ‘Redstone’ update, with a host of machine learning-based improvements

by admin May 21, 2025

AMD just gave us our first look at a significant update to FSR 4, codenamed “Redstone.” The new update is due to arrive in the second half of this year, and looks like something of a catch-up phase to counter Nvidia’s recent efforts with DLSS.

Top of the list is Neural Radiance Caching, which is presumably the equivalent of Nvidia’s Neural Rendering tech. FS4 Redstone will also feature machine learning-enhanced ray regeneration, with some more machine learning magic (it’s not actually magic, I know) added to its Frame Generation tech, too.

(Image credit: AMD)

And a very shiny AMD-red car, of course. The news comes as a bit of a surprise as it didn’t turn up in our pre-briefing slides, but yours truly is sitting in Taipei right now at the press conference typing furiously on his laptop to catch you up.

UPDATE: “All eyes now turn to Liberty’s Heart” Helldivers 2’s big battle for Super Earth is here, as the Heart of Democracy update brings an Illuminate “Great Host” invasion

by admin May 21, 2025

UPDATE (20/05/25, 10:00 AM BST): Arrowhead has just dropped the Heart of Democracy update that leaks had previously hinted at, meaning missions on Super Earth itself have arrived.

“Fight among the towering skyscrapers and crowded streets of our home turf as the Illuminate rain down destruction all around you,” the studio wrote in a PlayStation Blog post, “Inside the city biomes, you will tackle operations and work to liberate cities together, having a significant impact on planetary campaigns.

Your mission is repel the invasion and arm some killer cannons, with Arrowhead explaining: “The might of Super Earth’s arsenal lies hidden beneath our peaceful, democratic streets. With your help, we must activate our Planetary Defense Cannons and take down the Illuminate fleet in a grand show of power.”

You’ll have help from some commandable squads of SEAF troops and have to avoid killing any of the Super Earth citizens you find running around the streets.

Original story follows:

It’s been clear since last week that Helldivers 2’s Galactic War is headed to Super Earth, with a renewed Illuminate offensive pushing towards the home planet of the Helldivers. With the conclusion of the latest major order seeing three planets fall in one fell swoop, that battle’s now imminent.

We’ll still have to see whether this fight for the ball that gifted the galaxy a militaristic force that acts quite fascisty comes with its own fresh update to the game, as leaks have suggested. Either way, though, it’s shaping up to be just as key a point in the war as you’d think.

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To set up this inevitable next step in the way, the game’s latest major order has just ended with players losing three planets to The Illuminate “Great Host” at once. Widow’s Harbor, Pilen V, and New Haven – all Altus Sector worlds which are right on Super Earth’s doorstep – are now occupied by the squids.

The Helldivers just couldn’t hold them, despite what looks to have been a very valiant effort. Especially so in the case of New Haven, which looks to have fallen at the order’s climax, leaving folks either watching on in horror from orbit or planting the Super Earth flag in defiance before exfiltrating one final time with a declaration that they’ll be back.

As I was writing this, Arrowhead’s just announced a further blow – The Illuminate have “razed” Mars, forcing Helldiver training facilities to be moved to another planet.

Mars has been razed by the Illuminate. All Helldiver Training Sites across the planet, where rigorous, thorough, and safe training of the Galaxy’s Elite has long occured, have been destroyed. The expert and seasoned facility PA operators who facilitated the training died… pic.twitter.com/16yEhLK0MM

— HELLDIVERS™ 2 (@helldivers2) May 20, 2025

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All these losses have got them pretty amped up to defend Super Earth too. “Super Earth’s hyper-urbanized landscapes once grew bountiful wheat. Soon, Illuminate blood shall make it fertile again,” a user with the handle Efficient_Menu_9965 wrote in one of those threads, while Diamondeye12 busted out the caps lock to bellow: “WE WILL HOLD SUPER EARTH TILL THE LAST MAN WOMAN AND CHILD.”

Arrowhead’s briefing for the order’s conclusion is every bit the ra-ra speech you’d expect with such an important clash in the offing. “Millions of Helldivers—paragons of valor, fortitude, and unshakable obedience—undaunted by a knowingly unwinnable fight, formed Democracy’s first line of defense,” the studio wrote making it clear this had not been “in vain”.

“Firstly, this heroic stand impeded the unforeseen Illuminate offensive and, in a testament to our martial superiority, reduced their estimated fleet strength by 21.5%,” it continued, “Additionally, the time secured by their sacrifice has been fully utilized: Mega Cities are now heavily fortified, garrisons reinforced by SEAF battalions recalled from distant sectors.

“The fight for our Freedom is upon us. There is no fallback. All eyes now turn to Liberty’s Heart, as the Helldivers prepare to fight for the very survival of Managed Democracy.”

So, get ready to lock and load. There’s a planet to defend, and you can’t just drop a crap tonne of mechs on your foes anymore.

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May 21, 2025 0 comments

NFT Gaming

Apex Group Expands Into Tokenization Buying Majority Stake in Tokeny

by admin May 21, 2025

Apex Group, a financial services provider with more than $3 trillion in assets under administration, said on Tuesday it had acquired a majority stake in Tokeny, a Luxembourg-based firm that helps institutions tokenize real-world assets (RWA) on public blockchains.

According to the deal, Apex expects to take full ownership of Tokeny over the next three years, after first investing in the company in late 2023, Apex said in a press release. The companies did not disclose the terms of the acquisition in the press release, and a spokesperson did not immediately return a request for comment.

The acquisition comes as more traditional financial firms are looking at tokenization as the next frontier in capital markets, using blockchain technology for moving assets like bonds, funds and other securities.

For institutional investors, the process promises simpler cross-border transactions, faster settlement and new liquidity channels. Tokenized assets could be a $18 trillion market by 2033, a report from BCG and Ripple last month projected.

“Tokenization is a foundational shift in how assets will be managed, distributed, and accessed,” Apex founder and CEO Peter Hughes said in a statement. “Our strengthened partnership with Tokeny is key to delivering on our vision to be the infrastructure provider in the digital era of finance.”

Tokeny’s infrastructure has already been used to tokenize over $32 billion in assets, supporting the full life cycle of tokenized securities — from issuance to transfer to compliance — and is best known for establishing ERC-3643, a widely used standard for compliant digital asset transfers, the press release said.

Apex said Tokeny’s team and tools will be brought in-house, and it aims to offer clients a turnkey infrastructure for blockchain-based finance, layering smart contracts and decentralized protocols on top of its traditional services.

Read more: Ripple, BCG Project $18.9T Tokenized Asset Market by 2033

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May 21, 2025 0 comments

Crypto Trends

Wall Street Ponke breaks 300k in hours and sets sights on 100x memecoin status

by admin May 21, 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Wall Street Ponke raises $300k fast, aiming to restore integrity to memecoins with AI tools that protect and empower traders.

Wall Street Ponke is not just another memecoin riding the trend, it’s a statement. Launched with a bold mission to restore value and integrity to the memecoin space, this project has already raised over 300,000 dollars in its opening presale hours. That kind of explosive momentum shows there is serious demand for memecoins with substance. Investors are no longer just chasing hype, they’re looking for purpose , and Wall Street Ponke delivers exactly that.

The project was born from a rejection of what the memecoin space has become. Too many coins launch with flashy branding and empty promises, leaving behind a trail of disappointed investors. Wall Street Ponke stands against that. Its core vision revolves around empowering traders with tools that genuinely matter. At the heart of its platform is an artificial intelligence engine that scans new tokens and detects red flags in real time. This feature gives users the kind of insight that can help them avoid scams, fake liquidity, and other traps that plague the crypto market.

Wall Street Ponke launches e-learning hub to educate and empower all levels of traders

In addition to fraud detection, the project is rolling out an e-learning center focused on trader education. Whether someone is a beginner trying to understand basic crypto terms or an experienced holder looking to deepen their market strategy, Wall Street Ponke provides interactive and useful content tailored to real-world crypto situations.

Wall Street Ponke is creating an ecosystem where traders can actually grow and trade smarter, not just hope for luck.

But what’s really catching the community’s attention is how quickly this vision is turning into reality. The fact that the presale crossed 300k in just hours is not just a number, it’s a sign. A sign that the market is tired of the same recycled narratives and is finally supporting projects that bring utility, ethics, and long-term thinking into the world of memecoins. Wall Street Ponke is here to change the game, and early backers know they might be sitting on the next 100x opportunity.

For more information, visit the official website, X and Telegram.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

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May 21, 2025 0 comments

Gaming Gear

Test Out Hairstyles and Avoid Regret With This AI Tool

by admin May 21, 2025

I’m a sucker for those ’90s rom-com makeover movies, and whenever I’m getting my own hair done, I always envision that “big reveal” scene. But when I’m going to spend $400 plus tip to get a color and cut (a luxury experience in this economy), I want to be sure I’ll love it. So I tried out Facetune, an artificial intelligence app that promises a collection of hair change images in seconds, to “try on” a few cuts and colors.

At the very least, I’d have better photos to show my hairdresser during the consultation.

Facetune is a product by AI company Lightricks, which was founded in 2013. You can use Facetune to change hairstyles, makeup, outfits, skin tone and facial hair, and as a “personal fashion stylist.”

There’s a free and paid version of Facetune, including a seven-day free trial with access to all the premium features.

So, Facetune, can I pull off bangs?

Setting up Facetune’s AI features

I downloaded the Facetune app, accepted the terms and conditions.

The Facetune interface is easy to navigate. I like its sense of humor, with options such as asking Facetune’s AI assistant to “roast my style.”

I followed the prompts:

1. I toggled “I edit for personal use” but there are other options for influencers and businesses.
2. I set my photo and video editing experience to basic.
3. I selected my goal of “color hair” (ignoring the options to smooth skin, whiten teeth and clear blemishes).
4. I activated my free trial. (I also put a reminder in my phone to cancel before the due date, because it charges the $60 annual fee at once, not monthly.)
5. I had to give Facetune access to my photo library, then I selected the first photo to test run. No selfies needed! Like my AI headshots and baby face generator, the photo quality is critical. Pick a few photos where you’re looking at the camera, hair down, without sunglasses on. Follow my golden AI rule: The better the input, the better the output.

There are 36 color tones to choose from, but I decided to test only the ones I liked: blonde, brunette and pink (because I’ve been wanting to try that).

I always feel better and more myself when I’m blonder. Maybe it’s my skin tone or the fact that I’m from Australia, so my hair always had natural highlights. Now that I live in New York, and the seasons are distinct, I’m more inclined to explore color palettes.

I wanted to see if Facetune could get close to my current color preference, which is a dark blonde.

Here’s the original photo:

The “before” photo.

Amanda Smith/CNET

And Facetune’s versions (gold tips and brown):

Created by Amanda Smith using Facetune AI

I liked both colors. They were natural looking, which is what I always aim for in my hair coloring.

A second attempt with the AI hairstylist

For the last picture, I wanted to test out its haircut capabilities. This time, I kept the color but went straight to the “hairstyles” option.

Here’s the original photo, and the various styles and cuts to choose from.

Screenshot by Amanda Smith/CNET

Facetune’s “hair stylist” turned me into a ’60s housewife, and I’m not mad about it. But this is when things started getting weird with my hand.

Created by Amanda Smith using Facetune AI

I noticed there was a text prompt feature under “Custom,” so I asked the AI to make my hair like a 1960s hippie. Things got a tad weird — both with my hair and whatever the AI tool did to my poor hand.

Created by Amanda Smith using Facetune AI

I still hadn’t figured out if I could rock bangs, so that was my last prompt.

Created by Amanda Smith using Facetune AI

While I didn’t hate it, I wasn’t 100% convinced I could pull it off. Maybe I need to use different photos.

Just when I was starting to feel game to try out a swept fringe look, this happened. It just wouldn’t be AI without one super weird photo. My hand and chin are doing something even funkier than in the ’60s hippie attempt. But I got to the end without a major glitch, so I was happy about that.

Created by Amanda Smith using Facetune AI

AI as a hairstylist: the verdict

Facetune was a lot of fun to play with. I don’t know if the color labels in the app are true to the hairdresser tones, but it does give the stylist a good starting point.

Even if I don’t feel comfortable divulging to my stylist that I used AI, it gives me a good sense of how I’d look, so I can search for similar pictures to present.

I’ll likely do the latter, unless my hairdresser best friend from home is doing my color, so we can have a good giggle about AI first.

The Facetune app is super easy to set up and use, and it generates images in seconds — with various complementary features that can boost your beauty confidence. You can do the same for makeup looks and clothing styles, but I wouldn’t want to change my eye or skin color. That’s just weird!

Can Facetune save me money and embarrassment on the wrong hairdo? I bet.

Do blondes have more fun? On Facetune, they sure do.

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May 21, 2025 0 comments

Esports

Fortnite finally returns to App Store after Apple’s delay

by admin May 21, 2025

As of May 20, 2025, Fortnite has officially returned to the US iOS App Store worldwide following a public back-and-forth between Epic Games and Apple.

It’s no secret Epic and Apple have been at arms for the past half-decade. It was August, 2020 when the game publisher pulled its massively popular Battle Royale from the iOS App Store in effort to take a stand against Apple’s commissions on in-app purchases like V-Bucks.

After a lengthy legal process, it was only on May 1, 2025 that Epic won out. Apple was ordered to stop imposing commissions on in-app purchases via web links. Though the public scuffle didn’t stop when the judge’s hammer fell.

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Despite promising Fortnite would return to the App Store within a week, Apple’s review process saw that didn’t happen. Though now, after even more back and forth in the public eye, peace has come to pass. Fortnite is indeed once again available on the App Store in the U.S.

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Fortnite finally returns on iOS App Store in the US

At the tail end of court proceedings, Judge Yvonne Gonzalez Rogers found Apple to have “outright lied under oath.” As such, the company was not only ordered to forego its commission on in-app purchases across the board, but Apple was even considered for criminal contempt.

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“Apple’s 15-30% junk fees are now just as dead here in the US as they are in Europe. Unlawful here, unlawful there,” Epic Games founder and CEO Tim Sweeney said on X (formerly Twitter), declaring victory at the time.

Sweeney also assured Fortnite would return to the App Store within a week of the decision being announced. However, it didn’t all go according to plan.

Although Apple’s review process claims “90% of submissions are reviewed in less than 24 hours,” that wasn’t the case for Epic’s new submission of Fortnite. Nearly 120 hours passed before Epic was informed its resubmission had actually been blocked.

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“We cannot release to the US App Store or to the Epic Games Store for iOS in the European Union. Now, sadly, Fortnite on iOS will be offline worldwide until Apple unblocks it,” the official Fortnite account shared on social media.

For context, Epic removed all versions of Fortnite from review as the game had recently been met with a new update, changing seasonal content and the like. As Epic insists on all platforms having the exact same version of the game, it means having to resubmit a new version of the application for review by Apple.

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Apple fired back, claiming it asked Epic Sweden to resubmit the app update without including the US storefront so as to not impact Fortnite in other geographies. What ensued was another public tirade.

As of May 19, 2025, the judge said in a filing that Apple is “fully capable of resolving this issue without further briefing or a hearing.” Should that not have been the case, whoever at Apple was “responsible for ensuring compliance” would have been asked to attend another court hearing.

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Clearly, this legal threat worked out as Fortnite has indeed passed its resubmission and is now available on the US’ iOS App Store once again.

Epic GamesAs seen in the new version of Fortnite on iOS devices, players are incentivized to buy V-Bucks directly through Epic.

Furthermore, now that Fortnite is available on iOS devices, Epic is pushing players towards in-app purchases through its own means, rather than through Apple’s services. When looking to purchase V-Bucks in the game, fans can earn 20% back in Epic Rewards credit if they buy through Epic’s own method.

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May 21, 2025 0 comments

GameFi Guides

Bitcoin Open Interest Hits $74 Billion Amid Price Rally

by admin May 21, 2025

Institutions and macro trends drive activity
Bitcoin rebounds to $106,000 despite intraday dip

The Bitcoin futures market is showing strong signs of activity, with its open interest rising to $74 billion, according to Coinglass data. This jump indicates that an increasing number of traders are positioning themselves for possible price moves in the upward direction.

Their actions are proof of renewed confidence in the leading cryptocurrency. The latest surge to $74 billion, one of the biggest in the past few weeks, indicates strong hedging activity.

Institutions and macro trends drive activity

Among the factors driving this trend is the return of bullish sentiment after recent positive changes in the global macroeconomy, especially expectations of lower interest rates and cooling inflation.

With top financial firms expanding their crypto offerings, growing institutional interest is another factor that could be influencing this trend. Even though higher open interest doesn’t result in a price increase, it shows that more investors are pumping money into the Bitcoin futures markets.

However, a sharp rise in Bitcoin price could trigger massive liquidations and add volatility. Coinglass data also shows a strong relationship between BTC’s price and its open interest.

Bitcoin rebounds to $106,000 despite intraday dip

Current CoinMarketCap data shows that Bitcoin currently trades at $106,616, a rise of 1.11% in the last day. Earlier in the day, the crypto asset’s price dropped to about $104,000 as indicated by the red shaded area. But by midday, it rose back to above $106,000 before reaching its latest price.

Source: CoinMarketCap

Even though BTC’s trading volume is down 17.99% in the past 24 hours, it’s still $54.18 billion. Despite this volume decrease, the crypto asset’s daily volume to market cap ratio of 2.54% shows a relatively healthy liquidity.

The cryptocurrency’s profile score of 100% also suggests strong market sentiment, while the technicals indicate a continued bullish outlook among analysts and traders.

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May 21, 2025 0 comments