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The Securities and Exchange Commission has delayed plans to introduce exemptions that would have allowed crypto exchanges to offer trading of tokenized real world assets.

According to reports from Bloomberg citing sources familiar with the matter, the regulator had initially been preparing to unveil its proposed “innovation exemption” as early as this week. A draft version of the proposal had reportedly already been prepared and reviewed internally by SEC staff.

However, the timeline has now been extended as the agency continues evaluating feedback from stock exchange operators and other participants across the financial industry.

Concerns Grow Over Tokenized Equity Trading

The proposed exemption would have permitted crypto platforms and decentralized exchanges to facilitate trading of tokenized stocks without requiring approval or direct backing from the publicly traded companies whose shares the tokens represent.

Despite growing interest in tokenized equities, the SEC has reportedly identified several concerns tied to the model.

Former regulators cited in the report questioned whether companies issuing tokenized shares on third party blockchains would be able to guarantee the same shareholder rights and protections traditionally associated with equities.

Additional concerns involve how public companies would manage important corporate actions such as dividend distributions and shareholder voting processes if tokenized versions of their stocks circulate independently on blockchain networks.

Regulators are also reportedly worried that these digital assets could eventually be exploited by bad actors operating outside the United States.

Earlier this week, SEC Commissioner Hester Peirce stated that any exemption approved by the agency would likely remain limited in scope.

According to Peirce, the proposal would only apply to digital representations of existing equity securities that investors can already purchase in traditional secondary markets.

Industry Leaders and Analysts Debate the Impact

Coinbase Chief Legal Officer Paul Grewal praised the SEC’s efforts to move quickly on regulatory clarity surrounding tokenization in capital markets.

At the same time, some analysts warned that allowing third party trading of tokenized stocks could introduce new risks to market stability.

Ryan Yoon argued that the system could fragment market liquidity and revenue streams, potentially creating pricing inconsistencies across different trading platforms.

Yoon also warned that large transactions could experience increased slippage, which might weaken overall market efficiency.

He further suggested that revenues traditionally generated by US based stock exchanges could shift toward offshore platforms if tokenized trading expands internationally.

Still, supporters of tokenized stocks believe the technology could offer several advantages, including faster trade settlement, lower transaction costs, fractional ownership opportunities, continuous 24 hour trading, and broader access for international investors seeking exposure to US equities.

Crypto Markets Recover Following Trump’s Iran Comments

The cryptocurrency market rebounded on Sunday after a difficult trading session on Saturday, supported by new comments from US President Donald Trump regarding negotiations involving Iran.

In a post shared on Truth Social, Trump stated that an agreement had been “largely negotiated” between the United States, Iran, and several other countries, although final approval and details are still pending.

Trump added that the proposed agreement would include reopening the Strait of Hormuz and noted that final terms were still under discussion before an official announcement.

Following the statement, bitcoin recovered strongly and climbed back above $77,000 during early Sunday trading after falling to a five week low near $74,200 the previous day.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The disclosure places the company among the world’s largest corporate bitcoin holders, ahead of sister company Tesla by more than 7,000 BTC.

SpaceX has officially disclosed in a newly filed S 1 registration statement with the United States Securities and Exchange Commission that it currently holds approximately $1.293 billion worth of bitcoin on its balance sheet.

The filing marks the first time the company has publicly detailed its cryptocurrency treasury strategy ahead of its highly anticipated initial public offering.

SpaceX Confirms Ownership of 18,712 BTC

According to the filing, SpaceX owns 18,712 BTC acquired at an average purchase price of roughly $35,324 per bitcoin. The total acquisition cost reportedly stood at around $661 million.

As of March 31, 2026, the market value of those holdings had risen to approximately $1.293 billion, representing unrealized gains of nearly 119 percent.

The company stated in the filing that it maintains ownership and control over its bitcoin holdings while relying on third party custodians to securely store the digital assets.

For years, Elon Musk has hinted at his companies’ interest in cryptocurrencies through public comments and social media activity. However, this filing represents the first formal confirmation that SpaceX directly holds bitcoin.

Prior to the disclosure, estimates of the company’s holdings had largely been based on blockchain analysis and speculation. Analysts tracking wallets linked through Arkham Intelligence had previously estimated the company owned around 8,285 BTC.

The newly revealed holdings now position SpaceX among the largest corporate bitcoin holders globally. According to data from Bitcoin Treasuries, the company ranks seventh worldwide, surpassing Tesla, which reportedly holds 11,509 BTC and ranks 13th.

Meanwhile, Strategy remains the largest corporate holder of bitcoin after recently acquiring an additional 24,869 BTC. The company’s total holdings now stand at 843,738 BTC.

SpaceX Moves Closer to Historic IPO

SpaceX is preparing for its long awaited public market debut and plans to list on the Nasdaq under the ticker symbol SPCX next month.

The aerospace company reportedly aims to raise around $75 billion through the offering, with analysts estimating a valuation between $1.75 trillion and $2 trillion.

If achieved, the IPO would surpass the record setting 2019 public offering of Saudi Aramco, which raised $29.4 billion and remains the largest IPO in history.

In its prospectus released Wednesday, SpaceX stated that it sees a total addressable market valued at roughly $28.5 trillion and intends to focus on opportunities aligned with its scalable business model.

The filing also revealed that Musk is expected to retain approximately 85.1 percent of the company’s voting power after the listing, allowing him to maintain substantial control over major corporate decisions even after SpaceX becomes publicly traded.

Elsewhere in the crypto industry, Circle drew significant attention with its public debut last year. The issuer of the USDC stablecoin raised more than $1 billion during its IPO, which attracted strong demand from major investors including ARK Investment Management and BlackRock. The offering was reportedly oversubscribed by more than 25 times.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic

The streak without major outflows has now lasted for more than three consecutive weeks.

While most exchange traded funds tied to major cryptocurrencies experienced a difficult and volatile week, the funds tracking XRP continued to record positive inflows.

Despite the steady investor interest, however, XRP itself failed to gain strong upward momentum and even dropped to a multi month low before posting a modest rebound today.

Ripple ETFs Stand Out Amid Broader Market Weakness

Spot XRP ETFs recorded net inflows of slightly more than $22 million during the previous business week. This marked the third straight week of positive flows since the streak began in May.

According to data from SoSoValue, the last trading session that saw more outflows than inflows for XRP related ETFs was on April 30.

Although the latest $22 million inflow was smaller than some previous weeks, the performance stood out because many crypto related ETFs faced heavy withdrawals during the same period.

As previously reported, spot bitcoin ETFs suffered their worst trading week since late January, with more than $1.25 billion leaving the funds.

Ethereum ETFs also struggled, recording net outflows of approximately $216 million. While that figure was slightly lower than the previous week’s $255 million in withdrawals, the ETH funds have not recorded a single positive day since May 8.

In contrast, ETFs linked to SOL attracted more than $15.5 million in inflows. Meanwhile, the two funds tracking Hyperliquid’s HYPE token brought in over $72 million as the asset surged to a new all time high above $63.

XRP Price Struggles Despite Positive ETF Momentum

Although investor demand for Ripple related ETFs remained strong, XRP’s market price failed to capitalize on the positive sentiment.

After facing rejection near $1.55 last week, XRP quickly turned lower and began the new trading week around $1.42.

The token continued declining alongside the broader crypto market before plunging below $1.30 yesterday.

That drop pushed XRP to its lowest price level in more than six weeks and represented a decline of roughly 15 percent from the rally peak near $1.55 recorded on May 17.

Over the past 24 hours, XRP has managed to recover slightly and is now trading close to $1.35. The rebound appears to have been supported by improving sentiment surrounding recent developments in the conflict between the United States and Iran.

However, crypto analyst Ali Martinez warned that XRP has broken below the rising support line of a symmetrical triangle pattern on the daily chart.

According to Martinez, failure to reclaim the $1.40 level in the near term could trigger another sharp decline, potentially sending the token down toward $1.14.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Other major gainers during the latest rally include NEAR, WLD, MORPHO, and ONDO.

After losing nearly $8,000 within a little more than a week, bitcoin finally staged a notable recovery over the past 24 hours following encouraging developments surrounding possible peace negotiations between the United States and Iran.

The broader altcoin market also rebounded sharply, helping the total cryptocurrency market capitalization recover more than $80 billion from yesterday’s lows.

Bitcoin Climbs Back Toward $77K

Bitcoin experienced intense selling pressure throughout the past 10 days due to several factors, including continued ETF outflows, investor selling activity, and rising geopolitical concerns.

The leading cryptocurrency dropped below $78,000 last weekend before falling further to around $76,000 during the following days.

Attempts to recover on Wednesday and Thursday failed after BTC faced strong resistance near the $78,000 level. Sellers regained control on Friday and intensified pressure on Saturday morning, sending bitcoin down to slightly above $74,000.

That decline marked bitcoin’s lowest price level in May and came shortly after new threats directed at Iran by US President Donald Trump.

However, sentiment shifted after reports emerged that both sides had made meaningful progress toward a potential long term peace agreement, a development Trump later confirmed publicly.

The news immediately triggered renewed buying activity, pushing bitcoin above $77,200 earlier today before the rally slowed. BTC is currently trading just under the $77,000 mark, while its market capitalization has recovered to approximately $1.54 trillion according to CoinGecko.

Bitcoin’s dominance over the altcoin market also remains above 58 percent after briefly slipping lower yesterday.

HYPE Sets New All Time High

Hyperliquid’s HYPE token has continued to outperform the broader market over recent weeks, despite briefly falling to $55 during yesterday’s correction.

The token extended its rally today by climbing to a fresh all time high above $63, solidifying its position as one of the strongest performing crypto assets in the market.

Ethereum successfully defended the important $2,000 support level and climbed above $2,100 following a daily gain of roughly 4.5 percent.

BNB recovered to $660, while XRP reclaimed resistance around $1.35. SOL advanced to $87, and ZEC rebounded toward $645.

Additional gains were recorded across several major cryptocurrencies including XLM, SUI, AVAX, TAO, and CC.

Some of the strongest performances came from WLD, NEAR, MORPHO, ONDO, and QNT, all of which posted impressive double digit gains during the latest market rebound.

Overall, the total crypto market capitalization has increased by more than $80 billion since yesterday’s lows and now stands at approximately $2.65 trillion, according to CoinGecko.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Conflicting reports from both sides, however, continue to create uncertainty around the situation.

After several days of rising fears that a peace agreement between the United States and Iran was unlikely in the near term, a new statement from US President Donald Trump shifted market sentiment dramatically.

The reaction across the crypto market was immediate, with bitcoin recovering nearly all of the losses recorded on Friday and Saturday as the asset surged back toward $77,000.

Trump Signals Possible Breakthrough in Iran Negotiations

Earlier reports had suggested that tensions between the United States and Iran were escalating, with speculation growing that additional military action could be imminent.

Concerns intensified after Trump reportedly skipped his son’s wedding in order to remain at the White House for meetings with senior military officials.

However, overnight developments painted a more optimistic picture. New reports indicated that both sides could be moving closer to a diplomatic agreement.

Shortly afterward, Trump announced on his social media platform that his administration had held what he described as a “very good call” with leaders from several countries in the region, including Saudi Arabia, United Arab Emirates, Qatar, Pakistan, Türkiye, Egypt, Jordan, and Bahrain regarding Iran and a broader peace related memorandum of understanding.

Trump also claimed that a deal had been “largely negotiated” and was awaiting final approval from the involved parties. He added that discussions with Israeli Prime Minister Benjamin Netanyahu had gone smoothly.

According to Trump, final details of the agreement are still being negotiated and could be announced soon. He also suggested that the Strait of Hormuz would reopen under the proposed arrangement.

Mixed Reports Continue to Fuel Uncertainty

Despite Trump’s comments, conflicting reports from different media outlets and officials have continued to cloud the situation.

Iranian outlet Fars News claimed that American officials had privately told Iran that Trump’s public statements were primarily aimed at domestic media audiences in the United States and should not be interpreted too seriously.

At the same time, The New York Times reported that Iran had agreed to surrender its stockpile of highly enriched uranium as part of the emerging agreement.

The contradictory nature of the reports has left investors uncertain about whether a lasting breakthrough is truly close.

Bitcoin and Altcoins Recover Following Market Panic

Bitcoin had fallen sharply from above $77,000 on Friday to a monthly low near $74,200 as fears surrounding escalating conflict in the Middle East triggered widespread selling pressure across financial markets.

Following Trump’s latest statement, BTC rebounded strongly and climbed back above $77,000 before encountering resistance slightly below that level.

The broader crypto market also turned positive. Ethereum rose above $2,100 after briefly dropping to $2,000 the previous day.

Several altcoins including NEAR, ONDO, MORPHO, and HYPE posted even stronger gains during the recovery rally.

According to data from CoinGlass, more than $300 million worth of short positions were liquidated as crypto prices surged higher.#crypto#cryptpnews https://coinsignals.net https://t.me/coinsignalpublic

US Treasury Targets Sinaloa Cartel Associates Over Crypto Money Laundering Operations

The sanctioned individuals and entities are accused of laundering profits generated from fentanyl and other narcotics trafficking activities linked to the Sinaloa Cartel.

The Office of Foreign Assets Control under the United States Treasury Department has imposed sanctions on several individuals and entities connected to a Mexican drug cartel accused of trafficking illegal narcotics and laundering the proceeds through cryptocurrency networks.

According to a statement released by the Treasury Department, the targeted individuals allegedly oversee financial operations that move profits from fentanyl and other illicit drug sales through blockchain based systems before funneling the money back into Mexico.

Treasury Cracks Down on Drug Trafficking and Crypto Laundering Networks

A multi year investigation conducted by U.S. authorities reportedly identified Jesus Gonzalez Penuelas as the head of the cartel’s drug trafficking operations within the United States. Investigators also named Armando de Jesus Ojeda Aviles as the individual responsible for overseeing the laundering of cartel profits on behalf of the Sinaloa Cartel.

The cartel, which U.S. authorities have linked to violent crimes in Mexico and drug related deaths across America, has been designated as a Foreign Terrorist Organization by the United States government.

Officials said the organization continues to operate under the leadership of the sons of imprisoned drug trafficker Joaquin Guzman Loera, commonly known as El Chapo.

Authorities allege that while Aviles managed operations from Mexico, he relied on associates including Rodrigo Alarcon Palomares and Penuelas to collect cash and facilitate transfers through cryptocurrency wallets.

The trafficking network reportedly distributed narcotics such as cocaine and methamphetamine throughout the United States.

In April 2024, a U.S. District Court in Colorado indicted Palomares on charges related to laundering drug proceeds through cryptocurrency transactions. He was later convicted on three counts connected to crypto based money laundering activities.

Mexican authorities reportedly discovered weapons and ammunition during his arrest in October 2023. Despite the arrest, officials believe the cartel’s trafficking operations have continued to expand.

US Officials Say Sanctions Aim to Protect American Communities

Investigators described Aviles’ organization as a broad network involving drug suppliers based in Mexico, money brokers, and coordinators responsible for facilitating large financial transfers across the United States.

Authorities also linked Aviles to Los Chapitos, a violent faction of the Sinaloa Cartel. He reportedly became the group’s primary money launderer following the murder of his predecessor, Mario Alberto Jimenez Castro.

In addition to Aviles and Penuelas, the Treasury Department announced sanctions against several other individuals, including Jesus Alonso Aispuro Felix, Alfredo Orozco Romero, Amalia Margarita Romero Moreno, and Liliana Orozco Romero.

Officials said many of the sanctioned individuals acted as money brokers, security advisers, or trusted front persons for the organization.

Treasury Secretary Scott Bessent said the sanctions reflect broader efforts to protect American citizens and communities from narcotics trafficking and organized crime.

Bessent stated that the administration remains committed to preventing criminal organizations from flooding U.S. borders with dangerous drugs.#crypto#cryptpnews https://coinsignals.net https://t.me/coinsignalpublic

Gemini has reportedly secured a protection agreement for the Winklevoss twins and their families costing nearly $400,000 per month.

Coinbase reportedly spent around $7.6 million on personal security for CEO Brian Armstrong in 2025, marking an increase of more than 20 percent compared to the previous year.

According to a Bloomberg report citing company proxy filings, the rise in security spending comes amid a sharp increase in physical attacks targeting cryptocurrency holders. Data from blockchain security firm CertiK revealed that confirmed incidents climbed 75 percent last year, with 72 recorded cases and approximately $41 million in reported losses.

Crypto Companies Increase Protection Measures Following Violent Incidents

The reported $7.6 million spent by Coinbase exceeds the amount many major Wall Street firms allocate for executive security.

Meanwhile, Gemini reportedly spent roughly $2.5 million on security for co founders Cameron Winklevoss and Tyler Winklevoss in 2025. The company has also signed a separate agreement worth $400,000 monthly to provide ongoing protection for the twins and their families.

Circle reportedly allocated nearly $800,000 toward security for CEO Jeremy Allaire in 2024, while Robinhood spent approximately $1.6 million protecting CEO Vlad Tenev.

The industry’s growing security concerns have also become more visible at public events. During the Bitcoin 2026 conference in Las Vegas, several high profile speakers were accompanied by personal bodyguards throughout the event.

One of the conference’s most attended workshops was led by bitcoin security expert Ben Perrin. The session focused on protecting digital assets during physical threats and covered topics such as decoy wallets, time lock systems, and emergency duress features available on hardware wallets.

Similar precautions were reportedly seen weeks earlier at Paris Blockchain Week, where guests attending a VIP dinner were escorted by police motorcades while organizers significantly increased event security.

The risks facing crypto holders have become increasingly serious. In March, a crypto investor known online as Sillytuna revealed that armed attackers stole nearly $24 million in digital assets after threatening him with kidnapping and sexual violence.

Transparency of Blockchain Data Creates Security Risks

One major reason crypto investors have become targets is the transparent nature of blockchain technology itself.

Although blockchain wallets are pseudonymous rather than directly tied to identities, ownership information can still be uncovered through advanced analytics tools. Combined with leaked exchange data, blockchain analysis has effectively created what Bloomberg described as a visible map of digital asset ownership.

As threats increase, demand for specialized security services has risen sharply.

Executive Risk Services, a company focused on protecting clients within the digital asset sector, reportedly went from receiving inquiries once every few months to handling new requests almost every week.

At the same time, Infinite Risks International, an Amsterdam based firm offering bodyguards, armored vehicles, and social media monitoring for crypto investors, has also seen a major rise in client demand. Managing director Jethro Pilman said the company is receiving more long term contracts and proactive security requests than ever before.

According to the report, France has emerged as a major hotspot for crypto related crime following a series of attacks targeting crypto entrepreneurs and their families.

The situation reportedly became so severe that last year the country’s Interior Minister pledged to introduce a priority emergency hotline dedicated to the crypto industry, while elite police units began offering security briefings for executives and their relatives.#crypto#cryptonewshttps://coinsignals.nethttps://t.me/coinsignalpublic

The debate intensified as ADA dropped out of the top 10 cryptocurrencies by market capitalization following a steep decline from its all time high.

Development of Cardano began more than a decade ago, although the network officially launched a few years later. Many supporters consider the 2021 Alonzo upgrade, which introduced smart contract functionality, to be the project’s most significant milestone.

While ADA remains one of the most popular cryptocurrencies among retail investors, the project continues to face criticism from analysts who question whether its valuation matches its actual network activity.

Analysts Call Cardano Potentially Overvalued

Crypto commentator Satoshi Flipper, who has built a large following on Crypto X, recently shared another analyst’s criticism of Cardano alongside the question, “Is Cardano the most overvalued blockchain in crypto?”

The analysis focused heavily on the blockchain’s relatively weak on chain metrics. According to the figures cited, Cardano currently holds around $128 million in total value locked within decentralized finance applications. The network also reportedly generates only about $1.3 million in daily decentralized exchange volume, supports roughly $26 million in stablecoins, and records approximately 17,000 active addresses.

Analyst Zen Hour described the network’s activity as extremely small compared to its valuation. Despite ADA’s major price collapse from previous highs, the token still maintains a market capitalization of roughly $9 billion, keeping it among the top 15 cryptocurrencies by market value.

Zen Hour argued that investors may eventually need to decide whether Cardano is still being valued based on its current ecosystem or simply on memories from previous market cycles.

ADA Still Far Below Its All Time High

The Alonzo upgrade arrived during ADA’s explosive rally in the third quarter of 2021. During that period, the token surged alongside the broader crypto market and reached a record high above $3.

However, the rally quickly turned into what many traders described as a classic sell the news event. Since then, ADA has failed to regain its former momentum.

Even during the broader crypto rally in 2025, when bitcoin and several major altcoins climbed to fresh highs, ADA remained far below its previous peak. The token was unable to move beyond $1.30 and has since fallen even further.

ADA is now trading below $0.25, representing a staggering decline of more than 92 percent from its all time high in 2021.

Although the wider crypto market has struggled since last October, critics argue that Cardano’s losses go beyond a normal correction. With the token still trading dramatically below its peak levels, concerns continue to grow about whether the project can reclaim its previous market relevance.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Monday alone accounted for the heaviest single day withdrawals, with nearly $650 million exiting the funds.

Bitcoin’s recent price collapse has not happened in isolation. Alongside broader macroeconomic and on chain pressures, spot exchange traded funds tied to bitcoin have also suffered their worst weekly outflows since late January.

According to data from SoSoValue, May has now shifted into negative territory after two straight weeks dominated by heavy investor withdrawals.

More Than $1.25 Billion Leaves Bitcoin ETFs

Spot Bitcoin ETFs had previously enjoyed a remarkable run beginning in the week ending April 2. Over the next six weeks, the funds consistently posted strong inflows, with 10 out of 11 weeks recording more capital entering than leaving.

That streak came to an end during the week ending May 15, when investors withdrew roughly $1 billion from the products. Conditions deteriorated even further over the last five trading sessions as total net outflows surged to $1.26 billion, marking the largest weekly exodus since the end of January.

As a result, cumulative net inflows have dropped to just above $57 billion after reaching a local peak of $59.34 billion only a few weeks earlier.

Monday proved to be the harshest trading day, with close to $650 million pulled from the funds. Tuesday followed with another $331 million in outflows, while Wednesday saw withdrawals of $70 million. Thursday and Friday added another $101 million and $105 million respectively.

Surprisingly, BlackRock’s IBIT recorded the largest losses among the ETFs. The fund alone experienced outflows of $445 million on Monday, $325 million on Tuesday, $61.5 million on Wednesday, $104 million on Thursday, and $69 million on Friday.

With the recent withdrawals, total ETF inflows for May have now turned negative, currently reflecting a decline of approximately $1 billion.

Bitcoin Price Also Slips Into the Red

Bitcoin itself has also struggled throughout May.

After ending April with an impressive gain of nearly 12 percent, BTC started May with renewed bullish momentum and quickly climbed to a multi month high near $83,000. Although the rally was rejected at that level, the cryptocurrency managed to hold above $80,000 for several weeks before finally breaking below the threshold last weekend.

Since then, bitcoin has failed to recover that level.

Selling pressure intensified further on Friday and again earlier today when BTC dropped to a monthly low of $74,200.

Beyond the ETF outflows, analysts believe bitcoin’s weakness may also be linked to growing geopolitical uncertainty, fears of renewed military conflict, and increased selling activity from large investors offloading their holdings.

Data from CoinGlass now shows bitcoin trading more than 1 percent lower for May as the asset struggles to remain above $75,500.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

The total cryptocurrency market has erased nearly $100 billion in value within just a few days.

After failing to break above $78,000 earlier this week, bitcoin faced mounting pressure that sent the asset tumbling to a monthly low slightly above $74,000, where it finally managed to find temporary support.

The broader altcoin market also suffered significant losses. Ethereum briefly dropped to $2,000, BNB declined to $640, while XRP slipped to $1.31.

Bitcoin Hits Lowest Level in Over a Month

Momentum generated by progress on the CLARITY Act late last week sparked a strong but short lived rally that pushed bitcoin to $82,000. However, the asset quickly encountered resistance at that level for the second time within the same week, leading to a much steeper correction afterward.

Bitcoin initially declined to $79,000 that Friday before sliding further to $78,000 over the weekend. The new business week started on a bearish note as BTC plunged to $76,000. Although the cryptocurrency attempted a rebound toward $78,000 on Tuesday and Wednesday, sellers regained control and prevented any meaningful recovery.

Instead, bitcoin continued its downward move, falling back to $76,000 on Friday evening before extending losses on Saturday to $75,000 and eventually touching $74,200.

That price level marked bitcoin’s weakest point in more than a month. The asset has now lost roughly $8,000 in less than ten days.

At the moment, bitcoin’s market capitalization has fallen below $1.5 trillion on CoinGecko, while its dominance over altcoins has slipped slightly to 58 percent.

Altcoins Continue to Struggle

Bitcoin’s decline has dragged the broader crypto market lower, with most major altcoins trading deep in the red.

Ethereum briefly touched $2,000 before recovering slightly to around $2,025. BNB dropped to $640, XRP continued struggling to stay above $1.30, and SOL recorded losses exceeding 6 percent.

Other major cryptocurrencies including DOGE, ADA, BCH, LINK, SUI, HYPE, and ZEC also posted notable declines, with some experiencing even steeper pullbacks.

Overall, the combined market capitalization of all digital assets has dropped by approximately $100 billion since Thursday, bringing the total crypto market value down to $2.57 trillion, according to CoinGecko.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic