MANTRA’s native token sank 18.5% from its 24-hour high to a record low shortly before MANTRA Chain stopped producing blocks and its team announced a precautionary halt over an unexplained incident.According to CoinGecko, MANTRA fell from $0.005060 to an all-time low of $0.004126 around 11:00 pm UTC on Thursday. It later recovered to about $0.0044 but remained down roughly 10% over 24 hours, while trading volume climbed nearly 600% to $24 million. MANTRA said Friday it was “aware of an incident affecting MANTRA Chain” and had halted the network as a precaution while it investigated. “We don’t have a root cause…

In brief Bitcoin climbed above $72,000 Thursday after gaining nearly 15% since Monday. Analysts pointed to Treasury bond purchases, policy headlines, and a massive short squeeze as drivers of the rally. With much of the short squeeze exhausted, analysts are watching spot demand, technical levels, and Treasury yields. Bitcoin’s rally above $72,000 wiped out billions of dollars in bearish bets, but analysts say it will need fresh buyers to keep climbing.Bitcoin reached its highest price since June on Thursday after gaining nearly 15% since Monday, with more than $3 billion in crypto short positions liquidated. That’s the largest liquidation of…

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