Bitcoin climbs to $67,500, Circle leads crypto stocks higher as rebound strengthens.
Bitcoin rebounded more than 5% to reach around $67,500, triggering a broad relief rally across the cryptocurrency sector. Major altcoins such as ETH, SOL, DOGE, ADA, and LINK gained approximately 10%.The surge followed weeks of extremely bearish sentiment and overcrowded short positions, with more than $307 million in leveraged bearish bets liquidated over the past 24 hours. Crypto-related stocks rose alongside digital assets, while a positive Coinbase Premium Index and the largest inflows into a U.S. spot Bitcoin ETF since early February signaled a cautious return of U.S. buyers and renewed risk appetite.
bitcoin and ethereum are driving the crypto market surge with significant gains in the last 24 hours.
the rapid increase in market capitalization is largely driven by speculative investment and growing institutional interest in the crypto space, which is becoming increasingly correlated with traditional asset classes. the sharp price movements are also being fueled by liquidity and market sentiment.
But experienced traders know that corrections are part of every bull cycle. Even Ethereum went through several major corrections before reaching new highs.
Jamie Dimon, CEO of JPMorgan Chase, says he’s seeing warning signs similar to the pre-2008 financial crisis, when reckless lending nearly toppled the financial system.
Crypto .com just got conditional approval to become a US National Trust Bank. Let that sink in. The same people who called crypto a scam are watching crypto companies move into the federal banking system. It’s not a full-service bank, think of it as a federally regulated vault. Custody, staking, and settlement under OCC oversight. They’re not alone. Circle, Ripple, BitGo, and Paxos are all in the same boat. Oh, and traditional banking groups? They're already lobbying the OCC to slow the process down. 😲 Crypto isn't fighting the system anymore. It’s becoming the system.#crypto
#bitcoin Dip Under $65K Pushes Crypto Liquidations to $500M Bitcoin's drop below $65K triggered over $500M in liquidations, as macro uncertainty from tariffs and geopolitics reprices risk assets.