Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally againBTC has returned to the $66,900-$68,000 shelf after a liquidation shock, putting the old all-time-high zone back at the center of the market's next move.
Hello, Wednesday.Crypto’s next phase is being shaped less by expansion headlines than by whether infrastructure can handle stress. Ripple placing regulated RLUSD on major Turkish exchanges shows real demand for compliant dollar access where crypto already serves everyday currency needs. Bitcoin’s post-liquidation drop back to the $66,900 to $68,000 shelf — the zone that capped 2021 and defined 2024 — puts the old ATH at the center of the next move. Traders are buying downside protection as ETF outflows sap demand, while UK talks over stablecoin caps could stifle a domestic pound-token market before it begins. The global crypto market cap is $2.29 trillion, with a 24-hour volume of $128.07 billion. The price of Bitcoin is $66,337.78, and BTC market dominance is 57.9%. The price of Ethereum is $1,845.69, and ETH market dominance is 9.7%. The best-performing sector is Identity, which gained 28%. The Crypto Fear & Greed Index is currently Extreme Fear (11). 📰 Top News
Bitcoin returns to the price that capped 2021, defined 2024, and now tests the rally againBTC has returned to the $66,900-$68,000 shelf after a liquidation shock, putting the old all-time-high zone back at the center of the market's next move. Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto marketRipple is integrating its compliance-focused stablecoin with three Turkish exchanges to serve a market highly reliant on crypto for dollar access. Bitcoin’s plunge to $65,000 has traders paying to protect against a fall to $50,000The break below $70,000 has shifted the market from dip-buying to downside protection as ETF outflows remove a key source of demand.
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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