Crypto market rests after recovery

The cryptocurrency market rose to $2.71 trillion but corrected to around $2.65 trillion as the recovery momentum weakened near previous resistance levels.

Bitcoin fluctuates between $83K and $86K, struggling against resistance. While sentiment improves, strong catalysts for further growth remain absent.

Stablecoin capitalisation may exceed $2 trillion by 2028 with regulatory support. Oklahoma has rejected a strategic Bitcoin reserve bill, while China is utilizing seized cryptocurrencies for budgetary purposes.

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