Crypto Market Volatility
Bitcoin hovered around $68,000, dipping about 1.5% amid broader volatility, while Ethereum slid nearly 2% to $1,970. The total market cap sits at roughly $2.4 trillion, down slightly as red dominated, with Solana and XRP also taking hits. This choppiness triggered massive liquidations—over $226 million wiped out, per Coinglass data, with longs bearing 67% of the pain as overleveraged positions got rekt.
President Trump's push for the crypto market structure bill signals progress, potentially resolving SEC-CFTC turf wars and boosting clarity. But delays from Senate storms and debates over stablecoin yields and Trump's conflicts are stoking uncertainty. His tariffs on Greenland and hawkish Fed pick Kevin Warsh have spooked investors, fueling sell-offs and extreme fear sentiment. Overall, this political noise is amplifying volatility, but passage of the bill could stabilize and rally the sector long-term.
Stay vigilant—crypto's future hangs on these moves.
Stay tuned for tomorrow’s pulse!
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