Curve DAO Token Price Sees Gains Amid Market Caution

The Curve DAO Token (CRV) has experienced a notable increase in value over the past 24 hours, climbing above $0.24 in early Asian trading hours.

This rebound is attributed to a brief market recovery following a bounce in Bitcoin, which helped lift sentiment across altcoins.

However, despite this short-term gain, the token remains under sustained downward pressure due to its position well below 2025 highs and a broad downtrend that still dominates the cryptocurrency market.

The Curve DAO Token's price is currently hovering near $0.24, with some investors looking to target resistance at $0.40. However, this optimism is tempered by on-chain metrics and market sentiment that indicate elevated downside risks in the short term.