📰 Crypto News of the Day

1. The ground shook in the markets:

The total market value fell from $3.47 trillion to $3.22 trillion, hitting a key support level between $3.20–3.25 trillion due to geopolitical tensions (Israel–Iran). It then bounced slightly to $3.28 trillion, although if it breaks that support, we could fall towards $3 trillion or lower.

2. Bitcoin maintains support:

BTC approached $102,500–105,000, right at its 50-day moving average. Although bearish pressure exists, buyers took advantage of the drop, leaving the technical shape intact.

3. Stablecoins on the rise:

The U.S. Treasury projects that its market could reach $2 trillion, something that is already showing impact on T-Bills markets and regulatory demand.

4. Ethereum resurges:

ETH is approaching $2,800, supported by its role in stablecoins (which dominate its network) and favorable regulation that boosts institutional confidence.

5. Societe Generale launches stablecoin:

The European bank is preparing “USD CoinVertible” on Ethereum and Solana, being one of the first major banks to do so.

Reflection:

The market is in a consolidation phase marked by macro and geopolitical factors. BTC and ETH maintain critical supports. The push from stablecoins and the entry of traditional institutions (like SocGen and banks) strengthen the ecosystem. If this structure holds and global tensions ease, we could see a strong influx into altcoins.

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