Crypto News

Bitcoin is experiencing price pressure, sliding to $76.5K as macroeconomic factors like oil prices, bond yields, and inflation concerns lift rate risks, while onchain data suggests buyers remain cautious about a potential sub-$58K floor. In regulatory and institutional developments, Sam Bankman-Fried is taking his $11 billion fight to the Supreme Court to overturn his FTX fraud conviction, India has launched a tokenized bond pilot with $107M issued, and Europe's ESMA is warning of growing interconnections between crypto and traditional financial markets. Meanwhile, emerging tokens like HYPE are gaining momentum with open interest hitting $14.3B, though security concerns persist as Blockstream rejects ransom demands from Liquid hackers holding nearly 600 BTC.