Bitcoin slipped toward $95,000 after a brief push above $97,000, with US regulatory developments dampening investor sentiment. It was trading around $95,498 on Friday. In the last 24 hours, Bitcoin fell 0.78% and Ethereum dipped 0.02%, while major altcoins dropped as much as 3%, signaling a cautious crypto market mood.
Circle, the issuer of the USDC stablecoin, made a blockbuster debut on the NYSE. Its shares jumped to above $96 at one point before closing at $83.23, signaling strong investor appetite. The move comes as stablecoin competition intensifies and US regulators push for clearer rules. Circle also cites massive transaction scale, with $25 trillion in volume.
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