Bitcoin experienced a nearly 5% drop, reaching $115,000 after hitting a high of $124,000. Ethereum also declined, trading near $4,300. Experts advise caution before investing in altcoins. Japan’s FSA is expected to approve yen-denominated stablecoins. Gemini has filed with the U.S. SEC to list its Class A common stock on Nasdaq. The crypto market shows volatility and potential shifts.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets