Crypto Market Snapshot: July 23, 2025
Top News:
GENIUS Act Signed:
U.S. President Trump signed the GENIUS Act, establishing a regulatory framework for stablecoins, boosting market confidence and XRP's rally.
PNC Bank Partners with Coinbase:
PNC Bank collaborates with Coinbase to offer crypto trading to its clients, signaling growing mainstream adoption.
CoinDCX Hack: A $44M hack on CoinDCX highlights ongoing security risks in the crypto space.
SEC Halts Bitwise ETF Conversion: The SEC's decision to pause Bitwise's ETF conversion sparks debate and uncertainty in the market.