Cryptocurrency Summary

Bitcoin has shown resilience, rebounding to $93,000 following post-Fed lows, though altcoins continue to face pressure. Analysts predict that Bitcoin's recent rally could signal a larger upward trend, particularly if the Federal Reserve continues to cut interest rates.

In a significant development for the Ripple ecosystem, XRP has expanded its presence by landing on Solana, Ethereum, and other platforms. Meanwhile, the cryptocurrency market is keeping an eye on the implications of regulatory changes, with TerraUSD creator Do Kwon recently sentenced to 15 years for his role in a $40 billion crypto collapse.

Other key news includes Bhutan announcing a sovereign-backed RWA token, and Bitcoin miners potentially boosting corporate adoption as treasury buys slow down.