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Week in review: Bitcoin dipped toward $80,000 as the U.S. approved stablecoin rules

Week in review: Bitcoin dipped toward $80,000 as the U.S. approved stablecoin rules
Photo: ForkLog

BTC when published $80,387Now $80,577 ▲ +0.24% since it was published

Bitcoin tested $80k; OCC set stablecoin rules; OpenAI flagged critical PHP flaws. Bitcoin tested support at $80,000, the OCC published rules for stablecoin issuers, OpenAI helped find critical PHP vulnerabilities, and more from the week. Midweek, bitcoin attempted a breakout toward $85,000, but the subsequent pullback sent it below $80,000. It ultimately held above that level. The asset fell 1.8% over the past seven days. Several top-10 altcoins saw a deeper correction. Ethereum fell 3.3%, while Solana and HYPE dropped 2.5% and 2.6%, respectively. Against the market, Zcash rose 8.3%, and BNB added more than 2% for the week. Weekly net inflows into spot bitcoin ETF exceeded $442 million, the highest since early September.

First reported by ForkLog. This page is a short excerpt; the full text is theirs.

Read the full story at ForkLog (opens in a new tab)

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