$BTC has slid and is currently trading at $95,771, while $ETH is trading at $2,603. Bitcoin dominance stands at 61.28%, and ETH/BTC is at 0.027.
During a Senate hearing, Fed Chair Jerome Powell addressed concerns about "debanking" in the crypto industry, stating that the Fed is adjusting its policies in response. He reaffirmed the Fed's support for a regulatory framework around stablecoins to protect consumers while ruling out the possibility of a digital dollar.
A few headlines include: BitGo is reportedly looking to IPO as soon as Q2 2025; $LAYER has been listed on Binance, Upbit, and Bithumb; and World Liberty Financial is forming a strategic token reserve to support leading projects.
Over the past 24 hours, the top three gainers were $DHN, $AI16Z, and $AIOZ, while the top three losers were $XCN, $ENA, and $TFUEL.
