🔍 Market Snapshot

Crypto markets have entered a sharp correction phase, with Bitcoin dropping 15% in just a few days, now trading below the $118,000 mark. While this may feel like a crash, analysts from CryptoRank consider it a “healthy pause” in a broader uptrend, driven by macroeconomic uncertainty and profit-taking after the June bull run.

💡 Ethereum Defies Gravity

Interestingly, $ETH is showing stronger resilience, climbing over 50% in the past 30 days. Social media euphoria around ETH has hit record levels, according to Santiment, indicating heightened public interest — which can be both bullish and a short-term correction signal.

🗣️ "If $ETH crosses $4,000 convincingly, we could see a wave of institutional buyers entering the market," says Galaxy Digital CEO Mike Novogratz.

🌏 Pakistan Joins the Crypto Revolution

In a groundbreaking move, Pakistan has signed a crypto-focused partnership with El Salvador. The agreement includes:

  1. Public-sector blockchain adoption

  2. Strategic Bitcoin reserves

  3. National mining initiatives using surplus energy

  4. Educational exchange on crypto policy.

The newly formed Pakistan Virtual Assets Regulatory Authority (PVARA) is now responsible for regulating crypto licenses and ensuring compliance with global standards.

This comes as a surprise to many, given Pakistan’s previously strict stance on digital assets.

⚠️ Institutional Moves and Regulations

On the regulatory front:

•JPMorgan paused onboarding Gemini clients, following public disputes.

•U.S. Senators raised red flags on using crypto assets in mortgage underwriting, citing financial stability risks.

Christie’s Real Estate launched the first crypto-based property brokerage in the U.S., allowing $BTC & ETH property transactions.

🔚 Final Thoughts:

The crypto space continues to evolve — fast. Bitcoin's drop may feel concerning, but it's part of a longer, healthier market cycle. Meanwhile, Ethereum's momentum and Pakistan’s strategic involvement highlight a new phase of global crypto integration.

Are we heading toward a new institutional supercycle?

Let’s discuss in the comments. ⬇️

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