Key Notes

Mantle (MNT) gained 30% in 48 hours, outperforming a wider market downturn.

Bybit integration brings MiCA-compliant staking and new MNT use cases.

Derivatives data signals strong resistance near $1.40 as bulls face a $5.7 million short position cluster.

Mantle (MNT) gained another 13% on Saturday, August 16, crossing the $1.30 threshold to extend its two-day rally to 30%. The surge came as the broader crypto market reversed gains following hotter-than-expected U.S. PPI data, which dampened risk sentiment towards the end of the week.

Bitcoin, which had touched a new all-time high above $124,000 earlier in the week, slid back to $117,000 at press time, dragging top-ranked altcoins lower. Ethereum, Solana, and Cardano all posted daily losses, making Mantle’s double-digit pr

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