Crypto markets turned red, with major tokens falling sharply — Bitcoin dropped 3% to $99,800, Ethereum slipped 4% to $3,210, Binance Coin declined 1% to $933, and Solana fell 3% to $152. Among top movers, Filecoin surged 50%, Zcash gained 20%, Internet Computer rose 20%, and NEAR ($2.81) Protocol climbed 18%. Crypto-related stocks also tumbled yesterday, with MicroStrategy down 7%, Coinbase off 7.5%, Robinhood losing 11%, and Iris Energy dropping 11%. Meanwhile, Donald Trump reaffirmed his pro-crypto stance, calling America a “Bitcoin superpower” and warning of competition from China, according to CoinDesk. JPMorgan estimated Bitcoin’s fair value near $170,000 using a gold-based model, while Google announced plans to integrate prediction market data from Polymarket and Kalshi. Tether purchased $97 million worth of Bitcoin during the latest dip, consistent with its policy of using 15% of profits for BTC ($102,803.00) accumulation. Additionally, Robinhood is considering adding Bitcoin to its balance sheet, and Base lead Jesse Pollack introduced “Jessexbt,” an AI agent designed to answer questions about the Base ecosystem.
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