Cryptocurrencies showed mixed performance, with Bitcoin up 1% at $90,300 and Ethereum up 13% at $3,090. Top movers included Polygon and ZEC, both up 11%. JPMorgan suggested that the recent Bitcoin and Ethereum sell-off may be bottoming. Bank of America upgraded Coinbase to buy, citing improved regulatory clarity and institutional adoption. Morgan Stanley plans to launch a digital wallet supporting tokenized assets. Florida lawmakers are renewing efforts for a state-level Bitcoin reserve. Polygon Labs unveiled the Open Money Stack for stablecoin payments and is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Trump stated he won't pardon FTX founder Sam Bankman-Fried.

Cryptocurrencies showed mixed performance, with Bitcoin up 1% at $90,300 and Ethereum up 13% at $3,090. Top movers included Polygon and ZEC, both up 11%. JPMorgan suggested that the recent Bitcoin and Ethereum sell-off may be bottoming. Bank of America upgraded Coinbase to buy, citing improved regulatory clarity and institutional adoption. Morgan Stanley plans to launch a digital wallet supporting tokenized assets. Florida lawmakers are renewing efforts for a state-level Bitcoin reserve. Polygon Labs unveiled the Open Money Stack for stablecoin payments and is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Trump stated he won't pardon FTX founder Sam Bankman-Fried.