The cryptocurrency market is experiencing a rebound, with the total market capitalization increasing by 1.43% from last week to reach $2.62 trillion. Here are some topics related to the market rebound:
Top Gainers
- *Solana (SOL)*: Up 8.4% in the past 24 hours, trading at $120.57
- *Sui (SUI)*: Up 6.5% in the past 24 hours, trading at $2.22
- *XRP*: Up 4.2% in the past 24 hours, trading at $2.05
- *Cardano (ADA)*: Up 4.9% in the past 24 hours, trading at $0.6279
Market Trends
- *Bitcoin (BTC)*: Up 5.2% in the past 24 hours, trading at $83,823.99
- *Ethereum (ETH)*: Up 3% in the past 24 hours, trading at $1,565
Regulatory Updates
- *US President Donald Trump signs crypto bill*: Nullifying an Internal Revenue Service (IRS) rule that expanded the definition of "broker" to include decentralized finance (DeFi) platforms
- *SEC issues guidance on crypto securities disclosures*: Requesting companies to provide detailed information about their business, technology, and token economics¹
Other News
- *New York proposes bill to accept crypto payments*: Allowing state agencies to accept cryptocurrencies like Bitcoin, Ethereum, and Litecoin for taxes, fees, and fines
- *BlackRock reports digital asset inflows*: $3 billion in net inflows to digital asset products in Q1 2025
