TLDR Crypto · MARKETS & BUSINESS
BITCOIN REBOUNDS AS ‘10 AM DUMP' NARRATIVE FADES
Summary from the TLDR Crypto newsletter
Bitcoin, Ethereum, and Solana added over $170 billion in market value as prices increased following a lawsuit accusing Jane Street of insider trading tied to the Terra-Luna collapse. While there is no public evidence of systematic daily selling, crypto traders speculated that the abrupt halt of a rumored “10 AM dump” pattern helped fuel one of the strongest single-day rebounds in weeks, pushing Bitcoin back above $70,000 and lifting broader market sentiment.