Crypto bounces, OM rugs, Metaplanet in top 10 BTC holders

Bitcoin has shown resilience, peaking at 86,000 USD spurred by tariff positivity. Unfortunately, OM has seen a drastic drop, tumbling 90% along with liquidations that have caused investor concern.

In an impressive strategic move, Metaplanet has invested 26 million USD in Bitcoin, elevating its status as the ninth largest holder of Bitcoin. This investment reflects a growing confidence in the cryptocurrency market amid economic volatility.

High inflation is perceived as beneficial for cryptocurrencies, according to Grayscale. With significant developments on the horizon, including legislation expected to be introduced by August 2025, the regulatory landscape seems poised for transformation.

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