The global cryptocurrency market cap stands at $3.42 trillion, experiencing a 1.03% uptick in the last day. Bitcoin (BTC) has traded within a range of $95,694 to $97,179 over the past 24 hours, and as of 09:30 AM (UTC) today, it is valued at $96,888, representing a modest increase of 0.23%. In the broader market, major cryptocurrencies are exhibiting mixed performance, with standout gainers such as Convex Finance (CVX), ZRO, and THETA, rising by 37%, 28%, and 23%, respectively.
Noteworthy developments include Japan's Financial Services Agency revisiting stablecoin regulations, limiting issuance to trust banks. The XRP market capitalization has surged to $110.5 billion, enhancing its position in global asset rankings. Additionally, Bitcoin ETFs have reached record holdings of 1.26 million BTC, valued at an impressive $123 billion.
A report reveals that nine new Bitcoin spot ETFs have acquired a total of 826,792 BTC since their launch in the U.S. Grayscale’s crypto portfolio has experienced an 85% surge, driven by substantial growth in triple-digit altcoins. Notably, Michael Saylor has indicated that 60 public companies have the potential to issue equity to obtain Bitcoin.
Here are the current market movers: Ethereum (ETH) at $3,694.89 (+0.29%), Solana (SOL) at $237.11 (-2.66%), XRP at $1.9243 (+1.96%), Binance Coin (BNB) at $655.08 (-1.76%), Dogecoin (DOGE) at $0.42654 (-0.38%), Cardano (ADA) at $1.0698 (-3.78%), Avalanche (AVAX) at $44.14 (-3.35%), TRON (TRX) at $0.2077 (+1.27%), Shiba Inu (SHIB) at $0.00002956 (+10.75%), and Toncoin (TON) at $6.767 (+2.34%)..