The market is experiencing a minor correction after $BTC briefly hit $120K. As of now, $BTC is trading at $118,763 and $ETH at $3,626. Bitcoin dominance stands at 61.80%.
Tether CEO Paolo Ardoino said the company is actively preparing for entry into the U.S. market, with plans to launch a fully compliant, institutional-grade version of USDT under the GENIUS Act. He noted the rollout could take up to three years and would likely involve Big Four audits, reserve restructuring, and other regulatory measures.
A few other headlines include: Bo Hines stated that the White House’s first policy report on digital assets will be released to the public on July 30; Joe McCann is shutting down Asymmetric Liquid Fund following backlash over its 78% YTD drawdown; and Pump.fun’s founder confirmed there will be no airdrop in the immediate future.
During the last 24 hours, the top three gainers were $M, $SAROS, and $TKX, while the top three losers were $PUMP, $WLD, and $MOVE.
