Bitcoin surged past $68,000 today amid renewed institutional interest, driven by fresh ETF inflows and a weakening U.S. dollar. Ethereum followed with a 5% gain, crossing $3,900, as excitement builds around upcoming Layer 2 scalability upgrades. Meanwhile, Solana hit a 3-month high after Visa expanded its stablecoin pilot on the network. In regulatory news, the European Union finalized its MiCA framework rollout, aiming to streamline crypto compliance across member states. Binance resumed full operations in India after paying a $2.5 million penalty. Analysts remain cautiously bullish, citing macroeconomic uncertainty and growing adoption in emerging markets as key market drivers.
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Crypto News Update (July 6, 2025):
Bitcoin surged past $68,000 today amid renewed institutional interest, driven by fresh ETF inflows and a weakening U.S. dollar. Ethereum followed with a 5% gain, crossing $3,900, as excitement builds around upcoming Layer 2 scalability upgrades. Meanwhile, Solana hit a 3-month high after Visa expanded its stablecoin pilot on the network. In regulatory news, the European Union finalized its MiCA framework rollout, aiming to streamline crypto compliance across member states. Binance resumed full operations in India after paying a $2.5 million penalty. Analysts remain cautiously bullish, citing macroeconomic uncertainty and growing adoption in emerging markets as key market drivers.