@isaabatcha
Market Updates
- Bitcoin's price is currently trading near $97,500, after hitting a daily high of $100,677.¹
- The global crypto market is valued at $3.21 trillion, with a 24-hour trading volume of $174.5 billion.
Top Gainers
- *AMP (Amp)*: up 21%
- *MELANIA (Official Melania Meme)*: up 20%
- *FTT (FTX Token)*: up 13%
- *PENGU (Pudgy Penguins)*: up 11%
- *WIF (Dogwifhat)*: up 10%
Regulatory News
- The FDIC has released documents related to its supervision of crypto-related activities, showing that banks' requests to engage in crypto activities were often met with resistance.
- The FDIC is reevaluating its approach to crypto-related activities and plans to provide a pathway for institutions to engage in crypto activities while adhering to safety and soundness principles.
Other News
- Crypto traders in the UK are optimistic about the market, with nearly one in three expecting gains of at least 30% this year.
- Bitcoin's price has dropped to $98k amid the SEC's new task force, while XRP has plummeted by 7%.
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