Today's crypto market highlights include Bitcoin (₿ $BTC ) rising above $103,000, reaching about $103,971, driven by strong institutional inflows and positive market sentiment. Bitcoin ETFs saw nearly $320 million in net inflows. The global crypto market cap is around $3.33 trillion, showing a slight 0.23% increase 📈.
Ethereum ($ETH ) and other altcoins showed mixed performance, with Story (IP) gaining nearly 8% 🚀, while dogwifhat (WIF) dropped over 11% in 24 hours 📉.
Regulatory and market developments include:
A U.S. court denying a motion to lift an injunction on Ripple Labs, causing $XRP to drop over 6% ⚖️🔻
MoonPay partnering with Mastercard to enable USDT stablecoin transactions, signaling deeper mainstream integration 💳💱
Bitcoin continues to hold strong above $100,000 for multiple days amid geopolitical and economic factors supporting demand 🌍💹.
✍️Additionally:
Grayscale executed a major Bitcoin transaction worth $674 million 💼
Fidelity reported significant net inflows into its Bitcoin and Ethereum funds, indicating sustained institutional interest 🏦
Meanwhile, Moody's downgrade of the U.S. credit rating has pressured crypto markets alongside stocks, with ETH, DOGE, and XRP down about 3% 📉📊
Overall, Bitcoin leads the market with resilience and institutional backing 🛡️, while altcoins experience varied movements amid ongoing regulatory and macroeconomic influences ⚖️🌐.
#BinanceAlpha$1.7MReward
