#MarketRebound

The global crypto market cap stands at approximately $3.56 trillion, with a modest daily shift between –1.5 % and +2 % depending on the data source . Morning trading sees Bitcoin holding near $109.6 K, with Ethereum around $2.8 K.

Key today:

Bullish, backed by Peter Thiel, has confidentially filed for a US IPO, riding the wave of crypto enthusiasm under a pro‑crypto US administration .

Circle’s stablecoin issuer share debut soared ~170% on its first trading day, fueling optimism but earning cautious analyst warnings due to high valuations .

The FT’s “Unhedged” explores companies like MicroStrategy becoming major Bitcoin holders and debates stablecoins’ liquidity risks .