The crypto market capitalization increased by nearly 1% to 3.76 trillion USD, supported by stock market recoveries. Leading altcoins such as ETH (+2.4%), XRP (+1.7%), Solana (+3.7%), and Dogecoin (+2.7%) showed stronger performance compared to Bitcoin’s modest rise of +0.7%.
Bitcoin is approaching the 115,000 USD mark, facing resistance at 120,000 USD and support at 112,000 USD. The current situation is uncertain, as price movements are confined within a narrow range, requiring a breakout to determine the next direction.
Demand for Bitcoin from big companies is falling, which raises forecasts for potential price declines. Additionally, the US SEC has specified that liquid staking is not usually subject to securities laws, while the US government considers regulations affecting crypto services.
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