Broader crypto markets are pressured by weak risk sentiment and technical trading patterns.
XRP Slumps 5% as Bitcoin’s Break Under $93,000 Leads to Bearish Outlook For Majors
Broader crypto markets are pressured by weak risk sentiment and technical trading patterns.
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The rally in crypto was mirrored by a surge in commodities and Asian equities, driven by AI-led momentum and geopolitical developments.
The passage of the Genius Act in the U.S., expected in coming months, will further legitimize the stablecoin industry, the report said.
The sharp reversal from above $106,000 wiped out early optimism, with bulls and bears mostly continuing in a stalemate.
SBI VC Trade will be the first to list Circle’s stablecoin under the country’s new payments framework.