Bitcoin Stagnation Amid Apple's New High: Crypto Market Update

The Bitcoin market is showing signs of stagnation as long-term holders remain inactive. According to KuCoin, approximately 17.7% of all BTC has been untouched for over 10 years.

Meanwhile, Apple has reached a new all-time high, while SpaceX shares continue to slide. The tech giant's stock price has surged past Nvidia, reclaiming its title as the world's most valuable company.

In the cryptocurrency space, FOMO (fear of missing out) is making a comeback for XRP and Ethereum, with some investors rushing back into these assets. However, this sentiment may be short-lived, given that crypto trading volume is currently at a 2-year low.

A recent security breach involving LayerZero service wallet has resulted in losses exceeding $2.1 million. In other news, CRO's price jumped after reports of a significant investment by Citadel in the platform.