📊 Crypto Market Update – This Week
🔹 Bitcoin dropped nearly 4% and stabilized around $114–115 thousand, in a consolidation phase before a new trend.
🔹 The total market slightly decreased to $3.96 trillion, with most large cryptocurrencies in the red.
🔹 Major Institutions: BlackRock's crypto holdings have reached over $100 billion.
🔹 Legislation: India is reviewing tax laws, and DeFi is calling for clearer policies from the SEC.
🔹 New Funds: Re7 Capital plans to raise $100 million for a new crypto fund.
✨ Summary: The market is in a correction and awaiting phase, but the entry of institutions and new regulations strengthens the foundation for the future.