BONK drops 6.2% as elevated volume marks shift at key technical levels

Polkadot's DOT token has experienced a 2% decline, occurring on trading volume that was 35% above its 30-day average. This drop follows a recent period of volatility in the cryptocurrency market, where investor sentiment has been fluctuating.

Filecoin's price fell by 1% after reaching an intraday high of $1.26, reflecting a sharp sell-off that has left the token trading lower on the day. This decline is part of a broader trend affecting the cryptocurrency market, where many assets are experiencing downward pressure.

Bitcoin's price has fallen back to $86,000, relinquishing gains made following the release of softer-than-expected inflation data. This decline reflects ongoing volatility in the cryptocurrency market, where Bitcoin has struggled to maintain its value amid bearish signals and increased selling pressure.

CF Benchmarks has identified bitcoin as a crucial component of investment portfolios, projecting a price target of $1.4 million by 2035 based on capital market models that emphasize institutional adoption and structured allocation strategies. This perspective underscores the growing recognition of bitcoin's potential as a long-term asset.

DAWN has successfully raised $13 million to enhance its decentralized broadband networks, aiming for expansion within the U.S. and new international deployments. This funding reflects growing investor confidence in a user-owned alternative to traditional internet service providers.