Overview
- Bitcoin has traded within a narrow $106,900 to $108,200 range for over two months, with analysts warning that a decisive close beyond these levels could spark a breakout or breakdown.
- XRP plunged more than 4% and Solana fell 3% to retest support near $140 as investors booked profits after a broadly positive week for crypto majors.
- Crypto ETFs recorded their 12th consecutive day of inflows, underscoring sustained institutional demand and driving large transaction volumes higher.
- The number of wallets holding at least 10 BTC climbed to its highest level since mid-March, signaling mounting institutional accumulation.
- Hong Kong’s Policy Statement 2.0 establishes licensing requirements for stablecoin issuers and clear paths for real-world asset tokenization under a regulated regime.