Bitcoin traded slightly below its record level of around $112,000 on Friday. This situation was due to profit-taking and whale transactions. However, cryptoassets continued to be supported thanks to developments in U.S. regulations, particularly progress on the stablecoin bill.



A report published late Thursday by the Wall Street Journal indicated that major U.S. banks are in early discussions to launch a joint stablecoin. This news further strengthened the positive sentiment in the market.
BTC0.86%
ALT-4.38%
B5.08%
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