Crypto

XRP dropped below $1.40 and is now hovering near $1.35 after a volatile session, with a late burst of selling showing traders are still leaning bearish. The move wasn’t gradual — it came fast, with heavy volume hitting in minutes, suggesting forced liquidations rather than normal selling.

Ukraine has complicated President Donald Trump's efforts to stabilize oil markets amid the Iran war, amplifying risks for financial markets, including cryptocurrencies. For nearly a month, markets have been gripped by a single concern: the Iran war.

Institutional demand for bitcoin appears to be cooling after a strong start to the month. On Thursday, investors withdrew a combined $171.12 million from the 11 U.S.-listed spot bitcoin exchange-traded funds, marking the largest single-day outflow in just over three weeks, according to data from SoSoValue .

Bitcoin fell another 3% in 24 hours, dropping below $67,000 for the first time since March 9. The decline sparked more than $50 million in long liquidations in the past hour, according to Coinglass, of which roughly 70% came from bitcoin positions alone.

Anchorage Digital, the first crypto firm to get a U.S. banking charter, said it will add support for the Tron blockchain, starting with institutional custody for TRX , the network’s native token.

The crypto market tumbled to the lowest levels in more than two weeks, with bitcoin BTC $ 66.621,90 dropping below $67,000 and ether (ETH) closing in on $2,000. The CoinDesk 20 Index (CD20) lost 2.2% since midnight UTC, reaching its lowest since March 9.

If you're not already subscribed to the newsletter email, click here . By Omkar Godbole (All times ET unless indicated otherwise) Bearish macro headlines dominate crypto market sentiment, as they have done for most of the month, but concrete updates advancing mainstream blockchain adoption still have the ability to resonate with investors.