Crypto majors traded higher, led by gains in Bitcoin, Ether, Solana and XRP, while DASH, IP and XMR topped the mover list. The session also brought fresh policy and company developments, including a Senate crypto market structure draft, scrutiny of crypto in 401(k)s, BitGo’s IPO filing and Tennessee action against prediction market operators.
Crypto majors traded higher, led by gains in Bitcoin, Ether, Solana and XRP, while DASH, IP and XMR topped the mover list. The session also brought fresh policy and company developments, including a Senate crypto market structure draft, scrutiny of crypto in 401(k)s, BitGo’s IPO filing and Tennessee action against prediction market operators.
Crypto markets moved higher, with Bitcoin up 1.5% at $92,000, Ether rising 1% to $3,130, Solana gaining 2% to $142 and XRP up 1% at $2.06. Among the top movers, DASH climbed 60%, IP gained 30% and Monero’s XMR rose 13%, after hitting another all-time high at $680 before trading around $640.
Crypto markets moved higher, with Bitcoin up 1.5% at $92,000, Ether rising 1% to $3,130, Solana gaining 2% to $142 and XRP up 1% at $2.06. Among the top movers, DASH climbed 60%, IP gained 30% and Monero’s XMR rose 13%, after hitting another all-time high at $680 before trading around $640.
The moves came as privacy-focused assets drew renewed attention, while broader macro pressure remained in view. Gold and silver also reached new all-time highs again in the wake of the Powell investigation, underscoring how crypto and traditional haven assets are both reacting to a shifting policy and market backdrop.
In Washington, the U.S. Senate released a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Separately, Senator Elizabeth Warren pressed the SEC over the inclusion of crypto in 401(k) retirement plans, arguing that such exposure could place too much risk on retirees.
Stablecoins remained a key theme beyond regulation. Vitalik Buterin warned that crypto needs stronger decentralized stablecoins, pointing to risks around governance capture and inflation. World Liberty Financial also launched a crypto lending platform built around its USD1 stablecoin, drawing about $20 million.
Company and prediction market developments added to the busy news cycle. BitGo filed for a U.S. IPO targeting a valuation of roughly $2 billion after custody assets surpassed $100 billion, while Tennessee regulators ordered Polymarket, Kalshi and Crypto.com to halt sports prediction markets and refund users, escalating a multi-state legal fight.
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