SPX6900 Jumps 9.6% to $0.53 on Volume 70% Above Average
- —SPX6900 gained 9.6% in 24 hours to $0.531942
- —Volume is 70.75% above the 30-day average; volume-to-market-cap ratio at 4.62%
- —Bitcoin broke above $86,000, triggering about $800 million in short liquidations
- —SPX6900 is 76.52% below its all-time high of $2.26 set on July 28, 2025
Why it matters: The meme coin's rally is driven by broad risk appetite and a short squeeze rather than project-specific catalysts, making it dependent on bitcoin holding above $86,000.
Source: DiarioBitcoin