Bitcoin Rips, Hits $96,750; Coinbase Crypto Bill Concerns; Ripple Expansion
The crypto market is showing positive movement, with Bitcoin reaching a new 2-month high, trading at $96,750. Ethereum also saw gains, while other altcoins like DCR, DASH, ICP, and ZEC led the top movers. XMR hit a new all-time high before retracing. Coinbase has withdrawn support for the Senate's crypto market structure bill due to concerns with the latest draft, leading to a delay in the Senate vote. Ripple secured a license in Luxembourg as part of its European expansion. The Human Rights Foundation awarded Bitcoin grants to projects focused on human rights and freedom tech. FTX is preparing for another round of creditor payments, and Sui has resumed operations after a network stall.
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