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Crypto Market Mostly Flat as Bitcoin Holds $90,600

Crypto majors were mostly flat, with Bitcoin at $90,600, while Monero reached a $590 record. Developments included a $15 billion a16z fundraise, Ripple’s UK approval, BNY Mellon’s tokenized deposits and Tether’s $182 million USDT freeze.

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Crypto Market Mostly Flat as Bitcoin Holds $90,600

Major cryptocurrencies were little changed heading into Monday’s open, with Bitcoin at $90,600. Ethereum rose 1% to $3,110, Solana gained 2% to $140, and XRP fell 2% to $2.04. Among leading movers, Internet Protocol climbed 20%, while Monero advanced 15% and reached a new all-time high of $590. In a video message, Federal Reserve Chair Jerome Powell said the criminal charges he faces stem from his refusal to cut interest rates in line with President Donald Trump’s wishes. X announced plans for “smart cashtags” that would display live crypto and stock prices beside tickers. VanEck projected that Bitcoin could reach $53 million by 2050, based on assumptions involving adoption, trade settlement and its store-of-value role. Andreessen Horowitz, or a16z, raised $15 billion for American Dynanism, with artificial intelligence and crypto among its priorities. Ripple received UK FCA approval to expand crypto payments, while BNY Mellon introduced tokenized deposits for institutional and digital-native clients.

Source Decrypt Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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