#TradeStories

Market Overview

The cryptocurrency market is experiencing a surge, with the global market capitalization reaching $3.1 trillion. Bitcoin breached $97,500, driven by the US Federal Reserve's decision to hold interest rates steady .

Bitcoin News

Price: Bitcoin's price rose to $97,500, with some analysts predicting a rally to $100,000.

ETF Flows: US Bitcoin ETFs saw $105 million in inflows after a previous day's outflow of $85 million.

Investment Venture: Trump crypto advisor David Bailey raised $300 million for a Bitcoin investment firm, Nakamoto, which is reportedly set to go public .

Altcoin News

Solana (SOL): SOL price rose, retesting the $150 level, with a significant increase in trading volume.

SUI : SUI attracted over $1.7 billion in 24-hour trading volume, outpacing higher-ranked assets like DOGE and BNB.

Alpaca Finance: Alpaca Finance saw a 58% price jump, driven by staking yield demand.

Ethereum (ETH): ETH edged down 0.3% to $1,815.52, with the successful launch of the Pectra upgrade .

Regulatory News

US Banks: The OCC granted banks permission to buy and sell custody-held cryptocurrencies.

Arizona Law: Arizona Governor Katie Hobbs signed a law allowing the state to claim ownership of digital assets that have been abandoned for at least three years.