#CryptoStocks

📢 Crypto Market Updates 🚨🚀

The crypto market has seen significant developments:

- Bitcoin:

Trading at $104,976, with a 0.10% increase, influenced by geopolitical tensions and technical factors.

- Ethereum:

Priced at $2,506.92, with a 0.33% decrease, despite significant institutional capital inflows, including a $425 million allocation.

Notable developments include:

- Stablecoin Regulation:

The US Senate passed the GENIUS Act, boosting Circle's stock by 34%.

- DeFi Growth:

Total value locked in DeFi lending protocols nears $60 billion, driven by institutional participation.

- Crypto Adoption:

BBVA recommends investing 3-7% of portfolios in cryptocurrencies, focusing on Bitcoin and Ethereum.

- Visa's Stablecoin Support:

Visa broadens support for stablecoins, enabling fund transfers via various blockchain networks.