Bitcoin Surpasses $80,000 as ETH Hits $2,500 Amid $470M Liquidations

Bitcoin (BTC) has surpassed $80,000, while Ethereum (ETH) climbed to $2,500. Over the past 24 hours, virtual asset markets saw $470 million in liquidations, equivalent to approximately KRW 649 billion.

BlockTempo reported that buyer interest surged as the U.S. Federal Reserve concluded its rate hike cycle. The Bitwise Solana Staking ETF (BSOL) recorded $20 million in trading volume within 30 minutes of listing on U.S. markets, with a conversion value of approximately KRW 276 billion.

Odaily noted that the Hedera ETF (HBR) reached $4 million and the Litecoin ETF (LTCC) hit $400,000 during the same period. The U.S. Commodity Futures Trading Commission (CFTC) submitted a proposal on cryptocurrency market structure regulations to the White House for review.

KB Life Insurance and SBI Digital Practices verified direct token exchanges between JPY and KRW tokens via the Canton Network test environment, using only test tokens rather than real funds or stablecoins. The New York Stock Exchange tested Avalanche technology for a year as part of its tokenization plans but has not yet decided on adoption.

WisdomTree expanded access to its tokenized short-term fund WTGXX through MoonPay's 35 million account network, with the fund managing $1.23 billion in assets. DeBot confirmed an APT (Advanced Persistent Threat) attack on a wallet but reported no financial losses, with WuBlockchain stating that affected wallets were isolated and funds protected.

REX-Osprey XRP ETF (XRPR), the first U.S. spot XRP exposure ETF, has fallen 58.9% over one year despite $171 million in total net inflows for all U.S. XRP spot ETFs during that period. Yahoo Finance ended its data partnership with Polymarket for prediction market data, though neither party confirmed the termination.

Despite the Bank of Japan raising interest rates from 1.00% to 1.25%, the yen fell to a two-week low against the dollar, with Reuters reporting a more than 1.2% rise in USD/JPY reaching 158.07 during intraday trading.