@ishaqayomide
Market move ā Rebound after volatile week
Bitcoin (BTC) has rebounded strongly: after dipping to near $84,000, it surged ~7% to approach $92,000ā$93,000 today.
Ethereum (ETH) also rose ā recovering above $3,000 as part of a broader crypto rally.
The recovery lifted overall crypto market sentiment, with gains seen in several sectors (DeFi, layer-1s, altcoins, and even NFTs).
But volatility remains high: BTC dropped sharply just days ago and many still cite broader macroeconomic risks as a headwind.
š¦ Institutional and regulatory developments
According to recent analysis, institutional adoption of Bitcoin continues to grow, with many large investors viewing BTC as a legitimate portfolio diversification tool rather than just a speculative asset.
In the UK, the new Property (Digital Assets etc) Act 2025 has just received Royal Assent ā formally clarifying that cryptocurrencies and other digital assets are recognized under law as property, giving holders clearer legal rights and protections.
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