24 Hour Crypto Recap: Here’s What Happened in the Market

• Bitcoin holds near $60,700 while total crypto market cap slips to $2.1 trillion.
• Taiwan’s new Virtual Asset Service Act imposes prison terms on crypto violators.
• MiCA regulation fully takes effect across the EU, reshaping stablecoin policies.

Bitcoin traded around $60,695, up 2.57% over the past 24 hours, while Ethereum held near $1,630 with a similar 2.35% gain. XRP hovered at $1.06, and Solana stood out with a 3.51% daily gain and a 15.78% jump over the past week, trading near $78. Dogecoin added 0.70% to sit at $0.0729.

Total crypto market capitalization stood at $2.1 trillion, down 2.16% over the past day. Sentiment remained weak, with the Crypto Fear & Greed Index at 20, still in “fear” territory, while the Altcoin Season Index read 46, indicating Bitcoin continues to lead market performance.

Behind the price action, regulatory and competitive developments …

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