Happy Saturday! If you missed the past 24 hours in crypto and stocks, here's your full recap:
🚨 Major Headlines & Market Moves 🚨
→ Fed Chair Powell suggests current conditions 'may warrant' interest rate cuts
→ Bitcoin briefly reclaims $117,000, now trades at $115,200
→ Bitcoin has reached 2% of all global money
→ Philippines House introduces bill to establish strategic Bitcoin reserve
→ CFTC launches next phase of 'Crypto Sprint' initiative based on Trump's crypto roadmap
→ $250,000,000,000 added to the crypto market cap in the past 24 hours
→ Global cryptocurrency market cap surpasses $4 trillion
→ Over $1 trillion added to the US stock market today
→ US Government now officially owns 10% stake in Intel
→ Canada to remove retaliatory tariffs on many US products
→ The Dow closed at an all-time high today and history was made with 13 straight years with at least 1 all-time high
📊 Altcoin Market Updates 📊
→ $DOGE overtakes Circle Internet Group in market capitalization
→ Spot $XRP ETF S-1 amendments filed by Canary, CoinShares, Franklin, 21Shares, WisdomTree & Bitwise
→ Grayscale files S-1 for $XRP ETF
→ $XRP reclaims $3.00
→ $ETH reached a new all-time high of $4,880
→ $258,000,000 worth of $ETH shorts liquidated in the past hours
→ $ETH market cap up $65,000,000,000, set for second largest daily increase ever
→ BlackRock buys 53,893.18 $ETH worth $231.2 million
→ 88% chance $ETH reaches $5,000 in 2025, according to Polymarket
→ $BNB reaches new all-time high of $900
→ $BNB trading now live on RAKBANK, one of the UAE’s largest banks
→ Ripple partners with SBI Holdings to roll out $RLUSD stablecoin in Japan by Q1 2026
→ $SOL surpasses $200
→ VanEck files S-1 for JITOSOL ETF
→ EU accelerates plans for digital euro stablecoin with potential rollout on Ethereum or Solana blockchain
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Thanks for reading.
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Written by Timothy Assi, an Elite Popular Investor on eToro.
Not investment advice. eToro is a multi-asset investment platform. Your capital is at risk. For information and educational purposes only.
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