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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.
Bitcoin held above $90,000 as Zcash and Polygon gained 11%. Analysts saw signs of improving crypto-market conditions, while Florida revived its Bitcoin reserve proposal and Trump ruled out pardoning FTX founder Sam Bankman-Fried.
Bitcoin fell below $90,000 as major cryptocurrencies weakened, while Zcash plunged 19% after its developer team resigned following a board dispute. JPMorgan, Barclays, Wyoming and World Liberty Financial also advanced separate digital-asset initiatives.
Crypto markets posted their first declines of 2026, with Bitcoin at $92,000. Morgan Stanley filed for Bitcoin, Ethereum and Solana ETFs, while a U.S. Senate committee scheduled a vote on a crypto market-structure bill.
Crypto’s market cap rose 2% to $3.22 trillion, with BTC, ETH and SOL advancing and XRP up 12%. RENDER and SUI led top movers, while institutional adoption and security concerns remained key market developments.
The crypto market cap rose 2% to $3.22 trillion, with BTC at $93,780, ETH at $3,240 and XRP up 12% to $2.37. Bank of America, Morgan Stanley, Goldman Sachs and Japan also announced notable crypto-related developments.
