Major cryptocurrencies experienced significant declines, with Bitcoin at 99,800 USD and Ethereum at 3,210 USD. In contrast, Zcash gained 20% and Filecoin surged 50%, indicating remarkable activity among lesser-known tokens.
Crypto-related stocks faced downturns, with MicroStrategy, Coinbase, and Robinhood all showing declines. Specifically, MicroStrategy dropped by 7%, Coinbase fell by 7.5%, and Robinhood declined by 11%.
Former President Donald Trump asserted America’s potential as a ‘Bitcoin superpower,’ while JPMorgan valued Bitcoin at approximately 170,000 USD. Google also plans to integrate prediction market data from Polymarket and Kalshi to better anticipate market movements.
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