Crypto Gets a Green Light from U.S. Banks ๐บ๐ธ
Big moment for crypto.
The U.S. Office of the Comptroller of the Currency just approved national trust bank charters for five major crypto firms: Circle, Ripple, Paxos, BitGo, and Fidelity Digital Assets. This is a big step toward full mainstream acceptance.
What it means?
These firms can now operate under a federal banking framework and offer services like institutional-grade crypto custody. For big money players, thatโs a trust boost.
Market reaction Crypto markets popped on the news.
Total market cap jumped 2.86% to $3.12 trillion, then cooled off.
Bitcoin is now trading near $90,318, down 2.23% in 24 hours. Nothing dramaticโjust the market taking a breath. BTC volume stays strong at $82B, with dominance around 59%.
Technical snapshot BTC is moving sideways.
RSI sits near 43, showing neutral momentum.
Key support: $85,200
Resistance to watch: $94,700
Trading view: A clean break above $95K could spark the next leg up.
A drop below $91K may signal short-term weakness.
Bottom line Regulation is catching up. Institutions are paying attention.
The foundation is getting strongerโeven if price pauses for now.
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