$BTC rallied during U.S. trading hours following positive headlines. Currently, $BTC is trading at $98,635, while $ETH is trading at $3,836. Bitcoin dominance stands at 55.96%.
During The New York Times' DealBook Summit, Powell commented that Bitcoin is akin to digital gold rather than a competitor to the dollar. He stated, "People use Bitcoin as a speculative asset. It's like gold—it's just virtual and digital," adding, "It's not a competitor for the dollar. It's really a competitor for gold."
Noteworthy developments include Trump confirming Paul Atkins as his pick for SEC Chair (see below for more). Additionally, $KAIA and $AERO have been listed on Binance Futures and $MOVE and $MOG on Coinbase Spot.
Over the past 24 hours, the top gainers were $COMP, $CVX, and $CRV, while the top three losers were $TRX, $NFT, and $RSR.
