Crypto market sold off as equities declined during the U.S. open but recovered most of the losses. As of now, $BTC is trading at $89,930, and $ETH is trading at $2,202. Bitcoin dominance stands at 61.55%.
Just a couple of minutes ago, President Trump signed an Executive Order to establish a Strategic Bitcoin Reserve. According to David Sacks, the reserve will be funded with Bitcoin owned by the federal government, which was forfeited through criminal or civil asset forfeiture proceedings.
Other notable headlines include: SBF gives a 45-minute interview to Tucker Carlson from prison, YZi Labs has invested in Tensorplex Labs, and Sui has unveiled a collaboration with World Liberty Financial.
Over the last 24 hours, the top three gainers were $CRO, $BGB, and $ENA, while the top three losers were $HYPE, $SNEK, and $S.