@xyufarcast
Bitcoin once surged to a new all-time high of $76,848, with Ethereum approaching the $3,000 mark, as short-term rallies of major cryptocurrencies reflected market enthusiasm. Positive regulatory signals emerged: Federal Reserve Chairman Powell mentioned potential "partial relaxation" of crypto-related bank regulations and is advancing the formulation of a stablecoin compliance framework, signaling growing acceptance. Meanwhile, the U.S. FDIC has allowed banks to independently engage in crypto custody services, and with Bitcoin ETFs surpassing $100 billion in assets, institutional inflows are evident. However, volatility risks intensified - over $335 million in liquidations were recorded globally in 24 hours, affecting approximately 93,000 investors, while record open interest indicates lingering market uncertainties.
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