Crypto News Today: Bitcoin Gains, T. Rowe Price ETF Approved, Market Cap Reaches $2.2T

 

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The global cryptocurrency market cap now stands at $2.2T, up by 0.89% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $63,727 and $64,763 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $64,354, up by 0.83%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include MITO, BANANAS31, and MEGA, up by 35%, 23%, and 23%, respectively.

 

Crypto Gains as T. Rowe Price ETF Nears Listing, Perps Rules Shift, and Hormuz Talks Wobble

Crypto markets edged higher, with Bitcoin near $64,354 and total market cap at $2.2T, even as geopolitical risk remained unsettled by conflicting US-Iran signals on a Strait of Hormuz deal. In the US, regulators delivered a split message: the SEC cleared T. Rowe Price’s active crypto ETF for NYSE Arca, while the CFTC gave temporary relief for true perpetual digital commodity futures. But the broader policy backdrop remains uneven, with the CLARITY Act timeline slipping and Kentucky’s prediction market tax already headed to court.