Latest / Chain Reaction by Capital Copilot
Market Turbulence as Bitcoin ETFs Bleed and XRP Faces Critical Support Test
Today we explore the challenging market conditions facing crypto assets as Bitcoin hovers around $87,000 amid significant ETF outflows totaling over $580 million in just two days. XRP breaks below critical support at $2, raising concerns about further downside, while institutional developments paint a mixed picture. We cover Norway's sovereign wealth fund backing Metaplanet's Bitcoin strategy, India's proposed tokenization bill for middle-class investment access, and major platform expansions from Coinbase and Ripple. Plus, regulatory shifts as the FDIC proposes a framework for bank-issued…
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