๐ก Bitcoin Wobbles, Ethereum Holds Amid Regulatory Buzz
Bitcoin (BTC) is trading near $103,500, down about 1.2% in the past 24 hours after a brief dip triggered over $450 million in liquidations. Volatility surged as traders reacted to global political tension and U.S. regulation moves.
Meanwhile, Ethereum (ETH) shows strength, holding above $2,400. Network activity remains steady, with over 1 million new addresses created weekly โ a bullish sign for long-term adoption.
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๐๏ธ GENIUS Act Passed โ Big Win for Stablecoins
The U.S. Senate just passed the GENIUS Act, a historic bill to regulate stablecoins like USDC. This clarity has already sent ripples through the market:
Coinbase (COIN) jumped 16% on investor optimism
Circle, the issuer of USDC, surged in valuation post-IPO
Ethereum gained traction, with increased DeFi and stablecoin flows
TL;DR: Regulatory clarity = more institutional confidence.
๐ Watch for continued rotation into high-utility altcoins.
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๐ Macro & Market Drivers
Iran-Israel tensions sparked a temporary BTC drop (~$2K intraday)
Justin Sunโs Tron is going public via Nasdaq-listed SRM merger
U.S. tariffs on mining hardware may slow down domestic mining growth despite political backing
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๐ง What This Means for You
Short-term caution: Volatility isnโt going away
Long-term bullish: Regulation is catching up with innovation
Smart money: Rotating into ETH and select altcoins
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๐ข Follow for daily updates & alpha.
๐ฌ What are you buying in this dip?
