Coinbase may be required to send certain information related to user accounts to the CFTC in response to a subpoena related to Polymarket.
In a recent blog post, serial crypto entrepreneur and commentator Arthur Hayes predicted that fresh liquidity injections into the US economy following President-elect Donald Trump’s inauguration could spur a Bitcoin (BTC) rally in Q1 2025. Money Printing To Propel Bitcoin? Despite surging past $100,000 on January 6, BTC faced a sharp decline to as low as $94,543 earlier today, casting doubt on the so-called “Trump rally” that many expected to last until Trump’s inauguration on January 20. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Recent market action aligns with Hayes’ December forecast, in which he warned of a potential “harrowing dump” in the cryptocurrency market around Trump’s inauguration. At the time, Hayes attributed this predicted sell-off to perceived regulatory disappointments from the incoming Trump administration. However, in his latest post, Hayes suggested that the US Federal Reserve’s (Fed) plan to inject $612 billion of fresh liquidity into the economy could make up for the lack of regulatory progress and ignite new bullish momentum for BTC. The BitMex co-founder remarked: A letdown by team Trump on his proposed pro-crypto and pro-business legislation can be covered by an extremely positive dollar liquidity environment, an increase of up to $612 billion in the first quarter. Hayes explained that the Fed is expected to ramp up money printing after Trump’s inauguration, likely driving BTC and other digital assets to a local top before a subsequent pullback. He added that market disappointment over lagging crypto regulation under Trump’s administration would exacerbate the correction. The crypto entrepreneur advised selling towards the end of Q1 2025 and waiting for favorable liquidity conditions to return in Q3 2025. Once fresh liquidity enters the market, Hayes suggested it would be time for risk-seeking investors to “turn the risk dial to degen.” Opinion Split On BTC Price Action While Hayes anticipates a BTC rally later this quarter, other analysts and market commentators remain cautious. For instance, a recent report by 10x Research noted that the Fed’s delay in cutting interest rates could dampen BTC’s bullish momentum. Similarly, technical analysis suggests that BTC may be forming a bearish head-and-shoulders pattern on the weekly chart, raising fears of a drawdown to as low as $80,000. Yesterday’s failure to decisively reclaim the $100,000 price level has further unsettled the bulls. On the other hand, the CEO of Bitcoin mining firm MARA recently advocated a long-term “invest and forget” strategy for BTC. He suggested that a US strategic Bitcoin reserve could spark a global race among nations to accumulate BTC, driving up its price. Institutional interest in BTC is already on the rise, as evident from record inflows received by US spot Bitcoin exchange-traded funds (ETF). At press time, BTC trades at $95,154, down 3.6% in the past 24 hours. Featured image from Unsplash, Chart from TradingView.com
Bitcoin experts are buzzing as President-elect Donald Trump lashed out against current Federal Reserve policy, calling interest rates “far too high” despite persistent inflationary pressures. “We are inheriting a difficult situation from the outgoing administration,” Trump said at his Mar-a-Lago club, adding that officials seem to be “trying everything they can to make it more difficult” for his incoming team. The blunt remarks, coming fewer than two weeks before Trump’s inauguration, have stoked anticipation of a possible shift in US monetary policy—and raised speculation about a boost for Bitcoin and other risk assets in the new year. The 2017 Trump Playbook: Dollar “Too Strong”, Bitcoin Up? Although the economic and geopolitical landscape has changed since Trump’s first term, some market watchers see parallels to his 2017 rhetoric. Back then, he lambasted a US dollar that he deemed “too strong,” a stance that preceded a notable decline in the currency. The US Dollar Index (DXY) peaked near 104 in early January 2017 but began a downward trend that extended into early 2018, bottoming out around 98. Related Reading: Anticipating A ‘2025 Super Cycle’: Bitcoin Rallies With Trump’s Regulatory Reforms On The Horizon This sharp move in the dollar coincided with a broader risk-on environment, fueling rallies in equities as well as the Bitcoin and crypto markets. Julien Bittel, Head of Macro Research at Global Macro Investor (GMI), drew a direct comparison on X. “The last time Trump said something was ‘too high,’ it was the dollar – back in January 2017, just days before his inauguration,” Bittel stated and recounted: “Here’s what he said: ‘Our companies can’t compete with them now because our currency is too strong. And it’s killing us.” Notably, last year, Trump also called recent strength a “tremendous burden on US businesses.” Bittel further argued: “Trump understands the impact of a strong dollar – and the same logic applies to high interest rates. They suppress exports, hurt corporate earnings, and slow economic growth.” Related Reading: Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again Speaking on the impact on Bitcoin and the broader crypto market, Bittel concluded: “What happened next? Well, the dollar began a significant decline, setting the stage for one of the most pivotal macro moves we’ve seen in years – triggering a melt-up in risk assets. Déjà vu? I think so. Let’s see how it plays out.” Bittel is not the only expert speculating that the DXY may already have peaked, mirroring its 2017 topping pattern. Steve Donzé, Deputy CIO for Multi Asset at Pictet Asset Management Japan, shared a widely discussed chart on X, remarking “On time. Ready for pushback,” while overlaying recent DXY movements with the currency’s trajectory in early 2017. The chart suggests a similar pattern that could foreshadow renewed dollar weakness in the coming weeks. In a separate post, financial analyst Silver Surfer (@SilverSurfer_23) pointed to an uncanny timing overlap: “DXY topped on January 3rd, 2017—18 days before Trump’s Inauguration. DXY looks to have topped on January 2nd, 2025—19 days before Trump’s Inauguration.” He characterized the parallel as “crazy history repeating,” explaining that he sees a correlation between the path of the DXY before both inaugurations. Such analogies are fueling speculation that a repeat dollar slump could usher in an environment favoring risk assets. Should the dollar indeed enter a new downtrend—much like in 2017–2018—Bitcoin could ride a wave of renewed liquidity and speculative appetite. At press time, BTC traded at $94,950. Featured image created with DALL.E, chart from TradingView.com
In a striking revelation on the latest episode of the Coin Stories podcast, host Nathalie Brunell interviewed The Digital Chamber founder & CEO Perianne Boring, who disclosed an unvarnished and previously unknown response from members of the United States Federal Reserve. According to Boring, when she discussed the idea of a US Strategic Bitcoin Reserve […]
In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.
Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were spotted dining with President-elect Donald Trump at Mar-a-Lago on January 7, 2025. The news broke via both Garlinghouse and Alderoty’s posts on X, featuring a photograph with Trump that quickly went viral. What Did Ripple’s Execs Discuss With Trump? Garlinghouse stated, “Great dinner last […]
Ripple’s CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty attended a private dinner with US President-elect Donald Trump at the Mar-a-Lago Resort in Florida. While details of their discussion remain under wraps, Garlinghouse described the meeting as a “strong start to 2025” in a Jan. 8 post on X. This high-profile engagement highlights Ripple’s […]
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Rostin Behnam, the Chair of the US Commodity Futures Trading Commission (CFTC), confirmed he will resign from the agency effective Jan. 20, the Financial Times reported on Jan. 6. This timing coincides with the inauguration of President-elect Donald Trump, allowing the incoming administration to appoint an interim leader before Congress approves a permanent successor. Behnam’s […]
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The social media company will switch to a community notes model similar to the X platform's, Meta said.
Like Securities and Exchange Commission Chair Gary Gensler, CFTC chief Rostin Behnam will exit his job on the day that Donald Trump takes the oath of office.
A recent report by digital assets research firm 10x Research highlights that the US Federal Reserve’s (Fed) stance on interest rate cuts remains the most significant hurdle that could dampen the current Bitcoin (BTC) rally. Bitcoin’s Trump-Fuelled Rally At Risk Ahead Of FOMC Meeting Since pro-crypto Republican candidate Donald Trump secured victory in the November presidential election, Bitcoin has climbed an impressive 47%, rising from approximately $67,500 on November 4 to around $99,700 as of January 6. Related Reading: Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase While further gains are anticipated during the so-called “Trump rally” leading up to the January 20 inauguration, the momentum might stall ahead of the Federal Open Market Committee (FOMC) meeting later in January, says 10x Research’s Markus Thielen. Thielen predicts a “positive start” to January for BTC, followed by a slight dip before the Consumer Price Index (CPI) inflation data release on January 15. A favorable CPI report could reignite optimism, potentially fueling another rally before Trump’s inauguration. However, Thielen cautions that bullish momentum may wane ahead of the FOMC meeting on January 29. Latest data from CME Group’s FedWatch tool shows that interest rates are likely to remain unchanged following the upcoming FOMC meeting. The tool currently predicts a 90.9% chance of interest rates remaining 425 and 450 basis points (BPS). Bitcoin’s decline of approximately 15% to $92,900 following the December 18 FOMC meeting underscores the Fed’s significant influence. This drop came after the Fed signaled only two rate cuts for 2025 instead of five, reinforcing Thielen’s view that the Fed’s decisions are the “primary risk” to BTC’s current bullish trajectory. Thielen stated: We anticipate lower inflation this year, though it may take some time for the Federal Reserve to recognize and respond to this shift formally. Thielen also cited institutional participation as a key factor influencing Bitcoin’s short-term price action, with metrics like stablecoin minting rates and crypto exchange-traded fund (ETF) inflows serving as indicators of institutional interest. Institutional Interest In Bitcoin Continues To Rise Although US spot Bitcoin ETFs faced significant outflows at the end of December, fresh inflows have sparked optimism about rising institutional interest in the premier cryptocurrency. Data from SoSoValue notes that spot Bitcoin ETFs saw $908 million in inflows on January 3. Related Reading: Bitcoin May Face ‘Demand Shocks’ In 2025 Due To Growing Institutional Interest: Report In addition, several major BTC mining firms such as MARA and Hut 8 are bolstering their BTC reserves. Technology firms such as Canada-based video-sharing platform Rumble also recently unveiled a $20 million BTC treasury strategy. A separate report by cryptocurrency exchange Bitfinex predicts Bitcoin could surge to $200,000 by mid-2025, despite minor price pullbacks. At press time, BTC trades at $101,555, up 3.7% in the last 24 hours. Featured image from Unsplash, charts from 10x Research, CME FedWatch and Tradingview.com
As the crypto market enters what Bernstein analysts refer to as its “Infinity Age,” a surge of positivity has arisen, especially with Bitcoin (BTC) recovering its momentum and rising toward the $102,000 level at the week’s start. Moreover, the excitement regarding the forthcoming Donald Trump administration in the US has generated fervor in the crypto […]
“We’re seeing people up and down the Cabinet who have been supportive of digital assets, innovation, and AI,” said TRM Labs’ Ari Redbord.
Ripple has shifted its focus back to the United States after Donald Trump‘s election victory in November 2024 sparked market-wide optimism. On Jan. 5, Ripple CEO Brad Garlinghouse highlighted this strategic pivot, revealing that three-quarters (75%) of the company’s active job listings are now based in the United States. This move marks a significant shift […]
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Republican member and pro-crypto politician Mike Johnson has been re-elected as the speaker of the US House of Representatives sending a wave of excitement across the crypto community. This positive development comes amidst growing doubts over the incoming Donald Trump administration’s willingness to fulfill the President-elect’s crypto manifesto. Related Reading: A ‘Welcome To Washington’ Moment: Crypto […]
In a recent interview with FOX Business, Fred Thiel, CEO of Bitcoin (BTC) mining firm MARA Holdings, advocated an “invest and forget” strategy for retail investors looking to gain exposure to the world’s leading digital currency. Thiel Cites Positive Historical Performance Of Bitcoin BTC continues to trade within the mid-$90,000 range after a recent pullback from its all-time high (ATH) of $108,135. While crypto analysts keep a close eye on the flagship cryptocurrency’s price movements, major BTC holders appear less concerned about short-term fluctuations. Related Reading: Bitcoin ‘Head and Shoulders’ Setup Raises Fears Of $80,000 Price Drop – Details Citing Bitcoin’s historical performance, Thiel advised retail investors to adopt a long-term approach. He noted that Bitcoin has closed the year at a lower price only three times in its 14-year history, including during the peak of the COVID-19 pandemic. Thiel stated: My recommendation, to my kids, for example, is they put just a little bit away every month in Bitcoin and forget about it. Over two, three, four years, it grows, and that’s what people do. Thiel also emphasized BTC’s consistent growth, highlighting that it has appreciated annually by an average of 29% to 50%. However, BTC remains a high-risk asset, and risk-averse investors may shy away until the asset class achieves broader acceptance or gains official recognition from a major global economy. For instance, the establishment of a US strategic Bitcoin reserve could solidify the cryptocurrency’s legitimacy as an asset and potentially spark a domino effect, encouraging other nations to follow suit. Thiel described such a reserve as a key catalyst for driving Bitcoin’s price to new highs in 2025. Additionally, Thiel pointed to high institutional involvement through Bitcoin exchange-traded funds (ETFs) and favorable digital asset regulations under the Trump administration as other factors that could support BTC’s growth this year. Although Thiel’s advice was aimed at retail investors, recent data suggests that many are already planning to increase their Bitcoin holdings. According to a poll conducted by MicroStrategy CEO Michael Saylor, over 75% of 65,164 respondents intend to end 2025 with more BTC than they started with. The poll reflects growing enthusiasm among retail investors, buoyed by bullish developments in 2024 such as ETF approvals, the Bitcoin halving, and Trump’s election victory in November. More Companies Adding BTC To Balance Sheet Bitcoin adoption among corporations continues to grow. While MARA Holdings already holds BTC on its balance sheet, rival crypto mining company Hut 8 recently expanded its holdings to more than 10,000 BTC. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Other firms, such as Japan-based Metaplanet and Canada’s Rumble, joined the Bitcoin movement in 2024. Additionally, Bitcoin ETFs have accumulated over 1 million BTC in under a year since their launch. However, skepticism remains. Japan’s Prime Minister recently expressed caution about the idea of establishing a strategic Bitcoin reserve, reflecting lingering doubts in some quarters. At press time, BTC trades at $97,229, up 0.7% in the past 24 hours. Featured image from Unsplash, Chart from TradingView.com
In recent weeks, the crypto industry has been celebrating significant political shifts, with a pro-crypto President-elect and key appointments signaling a potentially favorable environment for digital assets in the United States. As reported by Bloomberg, the landscape seems to be changing, prompting optimism about the future of cryptocurrencies. Trump Administration Appointments Signal New Era For […]
The DXY index is up over 3% since the election and is following a trajectory similar to his first presidential term.
Metaplanet CEO Simon Georvich predicts a worldwide rush for Bitcoin accumulation if the United States adopts a Bitcoin Strategic Reserve. In a Jan. 2 post on X, Gerovich stressed the potential chain reaction a US move to embrace Bitcoin could ignite. He suggested that adopting would trigger competitive behavior among countries where early movers benefit […]
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Binance Labs has announced a major rebranding initiative alongside an expanded investment strategy for the coming year. In a Dec. 31 statement, the company stated that its investments over the past year were equally split between infrastructure and application-focused initiatives. It supported projects across DeFi, AI, the Bitcoin ecosystem, gaming, and emerging technologies like restaking […]
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Ethereum (ETH) – the second-largest cryptocurrency by market capitalization – may finally seize its moment in Q1 2025. Crypto experts have taken to X to share their analyses of a potentially bullish start to the new year for ETH. Ethereum Bullish Price Action In Q1 2025? Although Ethereum is up by almost 43% on a year-to-date (YTD) basis, its performance pales in comparison to Bitcoin (BTC) which has appreciated by more than 115% in the same period. In addition, various alternative Layer-1 blockchains, such as Solana (SOL) and SUI have vastly outperformed ETH throughout 2024. Related Reading: Ethereum Spot ETFs Witness Unbroken 16-Day Inflow Streak: New ETH ATH Soon? However, the momentum may soon shift in ETH’s favor, as experts suggest that Q1 2025 could mark a bullish phase for the world’s leading smart contract platform. According to crypto analyst Crypto Bullet, ETH appears to be forming a bullish pennant on the daily chart, with a potential breakout to $6,000 expected by March 2025. Similarly, cryptocurrency expert Anup Dhungana highlighted another bullish pattern forming on the weekly chart. He pointed to an inverse head-and-shoulders pattern – a widely recognized bullish indicator that suggests an impending price surge. Based on Dhungana’s analysis, ETH could soar to as high as $8,000 by May 2025. However, he also warned that the digital asset may first experience a dip to $2,800 before reaching new all-time highs (ATH). Veteran crypto analyst Quinten Francois also shared an interesting perspective. He noted that ETH has historically recorded exceptional gains during Q1 of the year following a US presidential election. If this historical pattern holds, Q1 2025 could be extraordinarily bullish for Ethereum. ETH Staking To Create Supply Crunch? In addition, Galaxy Research shared some price predictions about Ethereum heading into 2025, saying that the digital asset will trade above $5,500 in 2025 due to potentially favorable regulations surrounding staking and decentralized finance (DeFi). Related Reading: Ethereum Jumps 10% As DeFi Sentiment Rebounds With Trump’s Victory Galaxy Research also projected that Ethereum’s staking rate will surpass 50%, creating a supply crunch that could trigger a sharp price increase. The firm explained: The Trump administration is likely to offer greater regulatory clarity and guidance for the crypto industry in the U.S. Among other outcomes, it is likely that spot-based ETH ETPs will be allowed to stake some percentage of the ETH they hold on behalf of shareholders. Demand for staking will continue to rise next year, and likely exceed half of Ethereum circulating supply by the end of 2025, which will prompt Ethereum developers to more seriously consider changes to network monetary policy. Additionally, Galaxy Research suggested that the ETH/BTC trading pair will close 2025 trading above 0.06, buoyed by anticipated regulatory tailwinds. A rise in this trading pair from its current lows of approximately 0.03 could serve as a catalyst for the much-awaited altseason. Recent analysis by crypto analyst Carl Runefelt also foresees a big move for ETH at the beginning of the new year. At press time, ETH trades at $3,345, down 0.7% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com
Following the US elections in November, the crypto community has remained elated as pro-Bitcoin (BTC) and pro-crypto candidate Donald Trump emerged as the US President-elect. During the course of an extensive campaign, Trump voiced clear support for the crypto industry with promises of introducing favorable policies including a national bitcoin reserve if elected. With the Republican’s […]
Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.
According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve. Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United States in exploring cryptocurrency reserves, Ishiba has expressed reservations, citing a lack of sufficient information to make an informed decision. The idea of a national Bitcoin reserve in Japan gained momentum after Satoshi Hamada, a member of the Japanese House of Councilors from the Party to Protect the People from NHK, floated the proposal during recent parliamentary discussions. Hamada argued that Japan should explore diversifying its foreign exchange reserves by including crypto assets like Bitcoin, in line with what is reportedly being discussed in the US. Hamada stated: I think Japan should follow the example of the United States and consider turning some of its foreign exchange reserves into crypto assets such as Bitcoin. Responding, the Japanese Prime Minister said that his government simply lacks enough information about the US and other countries’ plans for a strategic Bitcoin reserve. As a result, Japan cannot commit to creating a BTC reserve just yet. Related Reading: US Bitcoin Reserve Will Push Price Above $1 Million, Expert Predicts Ishiba reportedly said that he does not have enough understanding of the “movements” taken by the US with regard to establishing a Bitcoin reserve. He concluded, saying that “it is difficult for the government to express its views.” Further, with regard to the idea of converting some of its foreign exchange reserves into digital assets such as BTC, Ishiba cleared the air saying cryptocurrencies do not fall under the foreign exchange category. A Strategic Reserve May Shoot Up Bitcoin’s Price Earlier this month, Federal Reserve (Fed) Chairman Jerome Powell reiterated that the Fed itself cannot hold Bitcoin. However, reports suggest that the incoming administration under Republican president-elect Donald Trump may push forward with plans to establish a Bitcoin reserve. The Bitcoin Act of 2024, introduced by pro-crypto American Senator Cynthia Lummis, advocates for the US Treasury and Federal Reserve to acquire 200,000 BTC annually over five years, ultimately amassing one million BTC. Such a move could significantly impact the cryptocurrency market by reducing Bitcoin’s circulating supply, potentially driving up its price. Related Reading: US Strategic Bitcoin Reserve Could Push Price To $500,000: Expert Bitcoin price can go even higher if other countries around the world create their own BTC reserves, culminating in an unofficial international race among nations to accumulate as much BTC as they can. The world is already seeing nations attempting to add BTC to their treasury reserves. Recently, SkyBridge Capital Founder and Managing Partner, Anthony Scaramucci, stated that if the US goes ahead with its plans of creating a strategic Bitcoin reserve, there is no way that China will not create one of its own. At press time, BTC trades at $95,503, down 3.3% in the past 24 hours. Featured image from Unsplash, chart from Tradingview.com
The Japanese Prime Minister said it is “difficult for the government to express its views” on implementing a Bitcoin strategic reserve.
Riding political shifts, regulatory optimism and growing institutional interest, these three coins delivered monumental gains this past year.
Also in this issue: Aptos Labs' leadership shift and Sonic's airdrop to TikTok users.
Over the weekend, US President-elect Donald Trump announced two significant appointments underlining his continued support for the crypto sector. On Dec. 22, Trump revealed that he has nominated Economist Stephen Miran to lead the Council of Economic Advisors, while Bo Hines has been named Executive Director of the newly formed Crypto Council. Council of Economic […]
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The Council of Economic Advisors is tasked with providing the President advice on economic issues.
In a notable development for Donald Trump’s crypto initiative, World Liberty Financial (WL), has reportedly exchanged approximately $10 million worth of wrapped Bitcoin (WBTC) for tokens associated with project adviser Justin Sun, founder of the TRON blockchain. World Liberty Financial Links With Justin Sun In Major Token Swap According to blockchain data analytics firm Nansen, a digital wallet linked to President-elect’s World Liberty Financial swapped its entire holding of 103 cbBTC tokens for WBTC on a Wednesday operation. Wrapped Bitcoin serves as a bridge for Bitcoin (BTC) holders to engage in decentralized finance (DeFi) activities on the Ethereum (ETH) blockchain, enabling broader participation in the DeFi ecosystem. Related Reading: Crypto Expert Predicts Major Altcoin Season As Market Cap Eyes Record Levels Although World Liberty has been marketed as a decentralized finance lending platform, it has yet to become operational as it is still in early stages of development and presales of its WLF token. Sun, a cryptocurrency entrepreneur known for his high-profile investments and attention-grabbing antics—including purchasing a banana duct-taped to a wall for $6.2 million—invested $30 million in World Liberty Financial in November, becoming an adviser to the project. His involvement appears to have pushed World Liberty past a financial threshold that could allow Trump to profit from the enterprise, potentially securing at least $15 million for the Trump family based on terms outlined in World Liberty’s “gold paper.” Trump’s Crypto Initiative Struggles The recent token swap follows World Liberty’s earlier cryptocurrency acquisitions, including significant investments in Aave (AAVE) and Chainlink (LINK). Additionally, Nansen’s data indicates that the project’s wallets received around $250,000 in ONDO, a token from Ondo Finance, which specializes in tokenization. The backdrop of these transactions is marked by controversy, particularly following a backlash triggered by a strategic partnership between Sun’s BiT Global and crypto custody firm BitGo, the operator of Wrapped Bitcoin. This partnership prompted US-based crypto exchange Coinbase to seek a delisting of WBTC from its exchange due to concerns over Sun’s potential influence and control. Related Reading: Bitcoin May Surge To $200,000 By Mid-2025 Amid ‘Mild’ Price Pullbacks: Report Earlier this month, BiT Global filed a lawsuit against Coinbase in response to the delisting, but a federal judge in California ruled in favor of Coinbase, denying BiT Global’s request for a temporary restraining order. Despite the promotional efforts by Trump and his sons, World Liberty Financial has faced challenges in the market, with sales reportedly falling 93% short of projections. This lack of traction raises questions about the project’s viability and its ability to fulfill its ambitious promises of transforming the financial landscape. At the time of writing, the total crypto market capitalization has fallen to the $3.3 trillion mark, after hitting an all-time high of $3.73 trillion on Tuesday, which also pushed the price of Bitcoin to a new record above $108,000. Featured image from RFI, chart from TradingView.com