Here's a crypto update for today:
*Market Overview*
The global cryptocurrency market cap is around $3.75 trillion. #bitcoin coin (BTC) is trading at approximately $113,979.99 USDT, reflecting a 0.34% decrease over the past 24 hours. Major cryptocurrencies show mixed performance.
*Key Cryptocurrency Prices*
- *Bitcoin (BTC)*: $113,979.99 USDT (-0.34% in 24 hours)
- *Ethereum (ETH)*: $3,603.62 USDT (-3.35% in 24 hours)
- *BNB*: 761 USDT (0.32% increase in 24 hours)
- *XRP*: $0.261 (-3.7% in 24 hours)
*News and Updates*
- *SEC Clarification*: The $BTC has exempted liquidity staking protocols like Ethereum's Lido and Solana's Jito from securities laws, providing regulatory clarity.
- *Bitcoin Reserve Strategies*: Brazil and Indonesia are exploring strategic Bitcoin reserves to enhance economic stability.
- *Succinct's PROVE Token*: Surges 150% after listing, stabilizing at $1.31 amid high trading volume.
- *Galaxy Digital's Q2 Earnings*: Net profit of $30.7 million, bolstered by digital asset appreciation and business performance improvements.¹ ²
*Other Notable Developments*
- *Solana Price Recovery*: Hinges on 3 key metrics, potentially triggering a short-term rally.
- *Illuvium (ILV) Price*: Skyrockets 60% in 24 hours, driven by increased platform activity.
$XRP I's Valuation*: Eyes $500 billion as China flags crypto iris scans.³past 24 #notcoin #BuiltonSolayer #BTCReserveStrategy #BTCUnbound