Cryptocurrencies experienced mixed movements, with Bitcoin up 1% at $90,300 and Ethereum up 13% at $3,090. Top movers included Polygon and ZEC, both gaining 11%. JPMorgan suggests the recent Bitcoin and Ethereum sell-off may be bottoming. Bank of America upgraded Coinbase to buy, citing 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. Ethereum's validator exit queue has cleared, and Polygon Labs unveiled the Open Money Stack for stablecoin payments. Polygon is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Trump stated he will not pardon FTX founder Sam Bankman-Fried.

Cryptocurrencies experienced mixed movements, with Bitcoin up 1% at $90,300 and Ethereum up 13% at $3,090. Top movers included Polygon and ZEC, both gaining 11%. JPMorgan suggests the recent Bitcoin and Ethereum sell-off may be bottoming. Bank of America upgraded Coinbase to buy, citing 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. Ethereum's validator exit queue has cleared, and Polygon Labs unveiled the Open Money Stack for stablecoin payments. Polygon is reportedly close to acquiring Coinme, a Bitcoin ATM operator. Trump stated he will not pardon FTX founder Sam Bankman-Fried.