Here's a crypto update for today:

Market Overview

The cryptocurrency market is experiencing a mix of trends, with some assets showing resilience and others facing challenges. Bitcoin (BTC) is consolidating around $103,989.44, up 1.31% with a 24-hour trading volume of $52.04 billion. Its market capitalization stands at $2.18 trillion.

Top Cryptocurrency Updates

- *Bitcoin (BTC)*: Faces strong resistance between $105,000 and $106,000. A breakout could lead to new highs, while a drop below $100,000 might invite a correction toward $93,000.

- *Ethereum (ETH)*: Trading above $2,500, showing signs of a breakout setup. The next key resistance level lies at $2,735.

- *Tether (USDT)*: Trading at $1, up 0.01%.

Altcoin Trends

- *Binance Coin (BNB)*: Up 1.13%.

- *Ripple (XRP)*: Down 3.5%.

- *Cardano (ADA)*: Down 0.68%.

- *Solana (SOL)*: Down 0.49%.

News and Developments

- *US Senate Advances GENIUS Act*: A step toward regulating stablecoins, with a vote of 66-32 overcoming a Democratic-led filibuster.

- *TRON Surpasses Ethereum*: TRON is now moving $23 billion USDT daily, surpassing Ethereum.

- *Cardano Audit Probes $600M ADA Gap*: An audit is underway to investigate allegations of misappropriation of ADA tokens.

- Strategy Bets $764.9M on Bitcoin: Strategy Inc. acquired 7,390 BTC, doubling down on its corporate crypto crown.¹ ² ³#crypto #Binance