📈 1) BitGo's IPO boom — $2.59B valuation!
Crypto custody firm BitGo showed strong performance in its IPO debut with a 24.6% jump in valuation reaching $2.59 billion — this is considered the first major crypto IPO of 2026.
🏦 2) UBS plans crypto investing options for private clients
Swiss bank UBS is exploring Bitcoin & Ethereum investing options for its private banking clients, signaling institutional interest.
📜 3) US Senate introduces Crypto Market Structure Bill
Republicans in the US Senate have introduced a new crypto market structure bill, which will impact regulation and exchange frameworks.
🔗 4) Chainlink's massive infrastructure update — Open Interest & reserves climb
Chainlink has seen growth in its reserves and open interest while explaining real-time oracle services — signs of ecosystem adoption.
📉 5) Altcoin performance weak — market shifting back to Bitcoin season
Crypto market sentiment appears bearish and altcoins' performance is lackluster — analysts say the market is shifting back to “Bitcoin season.”
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📊 Quick Market Snapshot (Latest Prices & Trends)
Key points from market data:
📌 Total Market Cap: ~$3.0T
📌 Bitcoin (BTC): ~$89.7K – stable consolidation phase
📌 Altcoins: Mixed performance, some gains but fear sentiment high
➡️ Most gains from altcoins like Kaia, WEMIX, Livepeer etc.
➡️ Bears dominating in the majority of coins.
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📌 “Crypto Market Today: BitGo IPO boom, UBS planning crypto investing, US Senate bill, Chainlink growth, Altcoin weakness — BTC season?!”
