Crypto Markets Decline as Bitcoin (BTC) Nears $60K; Institutional Activity Continues

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Crypto markets are under pressure as Bitcoin (BTC) tests critical support near $62,500, with Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) posting notable weekly losses amid macro uncertainty tied to AI-sector volatility and renewed tariff developments. At the same time, institutional infrastructure continues to expand, with the Ethereum Foundation beginning to stake 70,000 ETH, Solana-related infrastructure initiatives advancing in Asia-Pacific, NEAR Protocol (NEAR) launching a consumer-facing super app, and a range of regulatory and DeFi developments reshaping the broader ecosystem. This article reviews key developments across markets, altcoins, institutional strategy, and regulation.

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