📉 Overview of the Market

Bitcoin (BTC) pulled back to $106,500 due to profit bookings after reaching recent peaks.

Besides BTC, Ethereum (ETH) seems to be holding with good technicals as it separates from BTC.

XRP seems to remain robust with previously bullish price action and new attention-driven presale token Nimanode ($NMA).

BNB price jumped above $687 as there is increased interest in crypto as alternatives to other assets during ongoing global trade tensions.

🏛️ Regulatory & Institutional Progress

Bybit has received regulatory approval under the EU Markets in Critocurrency Assets (MiCA) and broadened its services in Europe.

Banco Santander is looking into issuing a stablecoin and expanding access to cryptocurrencies, which indicates a move toward digital asset services.

VPRJD Vance spoke at the Bitcoin 2025 Conference in Las Vegas, encouraging crypto asset holders to participate in politics to advocate for crypto-friendly legislation.

🌐 International Trends & Sentiment

U.S. Economy contracted in Q1 but Bitcoin alongside other cryptos didn't budge, pivotting around the economic deceleration.

Santander is looking into issuing a stablecoin with an expanded scope of digital assets suggesting a shift toward crypto service.