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Josh Altons
Josh Altons

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πŸ“‰ Why is The Crypto Market Down Today? πŸ€”

πŸ”₯ Market Cooldown
Total crypto market cap fell $45B in 24h to $3.62T, signaling a post-surge cooldown. MemeCore (M) took a big hit, down 35%. If selling persists, TOTAL could slide to $3.49T.

🏦 Regulatory News
US OCC, FDIC, Fed now allow banks to custody crypto, but without client key access, focusing on consumer protection.

πŸ’° Institutional Buying
Strategy (ex-MicroStrategy) committed $472.5M to BTC. Matador plans to raise $657M CAD over 25 months for Bitcoin buys.

🟒 Bitcoin Holds Support
$BTC trades at $117,386, cooling from highs. Key $115K support may hold for a rebound. A push past $119,966 ATH could retest $120K and boost investor optimism.

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