Latest updates from the crypto world today đ¤
đ 1. Crypto Market Dips Across the Board
The total crypto market cap has dropped around 2.6% over the last 24 hours, now at approximately $3.4 trillion, with trading volume down to $85.5 billion . Most top-100 coins are in the red.
đŞ 2. XRP Slips on Legal Clouds
Ripple's XRP fell to about $2.09, weighed down by ongoing legal uncertaintiesâbut on-chain data hints at underlying accumulation, which some see as a bullish sign .
đŚ 3. Stablecoins Gain Legislative Traction
A Senate-backed âGENIUSâ bill for stablecoin regulation is moving forward, combined with renewed interest in crypto-related lobbying. Meanwhile, suggestions for incorporating crypto holdings into mortgage eligibility are gaining traction .
𧎠4. Bitcoin Teeters Ahead of Options Expiry
Bitcoin is trading near $107K, down 0.2% intraday, as the market braces for an upcoming $40 billion options expiryâan event that could spark sharp volatility .
đ What's Driving the Slowdown?
Profit-taking: Many investors are locking in gains after strong runs
Regulatory flux: Ongoing legal and policy shiftsâfrom stablecoin frameworks to mortgage inclusionâare causing caution
Options expiry anxiety: The looming $40B derivative event in Bitcoin is restraining momentum
