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Crypto Report: Bitcoin Above $65k Amid Institutional Optimism

The cryptocurrency market is experiencing a state of cautious optimism as the total market capitalization reaches $2.35 trillion, supported by Bitcoin's price surpassing the $65,000 barrier. Despite selling pressure from dormant wallets and security concerns resulting from the Coldcard wallet breach, which cost investors losses exceeding $130 million, Bitcoin's technical indicators remain bullish with an RSI at 54.3 and a general upward trend. Bitcoin dominance also remains at 55.1%, while KARMA stands out as the top gainer with exceptional growth exceeding 826%, reflecting continued risk appetite in some altcoins despite traditional markets being closed for the weekend.\nEconomically, recent US data has cast a shadow over investor expectations, as non-farm payroll figures came in sharply negative (-23k jobs versus expectations of 80k), which may reinforce expectations for more flexible monetary policies in the future despite the unemployment rate remaining stable at 4.1%. AI analyses show a strong positive sentiment toward Ethereum (0.32) driven by institutions and funds acquiring 11% of the total supply, while the sentiment toward Bitcoin remains neutral. Traders should monitor support levels at moving averages (SMA 50 and 200) and be cautious of volatility in meme coins like BONK, which saw a notable decline of 9.4%, while keeping track of security updates for the Lightning Network to address recently discovered vulnerabilities.