Bitcoin Drops to $61,729 as Middle East Tensions Spark $210M in Liquidations — While Kraken, DeFi, and Japan's Banks Signal the Bigger Picture
Bitcoin slid to $61,729 as renewed Middle East tensions triggered $210 million in crypto liquidations. But beneath the volatility, three institutional signals are rewriting the long-term narrative — Kraken's FIFA World Cup partnership, Morpho's $175M DeFi raise, and Japan's 3 biggest banks moving toward joint stablecoin issuance by March 2027.
Crypto Adoption Surges as Western Union Embraces Stablecoins and Markets Hold Strong
Western Union launches a stablecoin-powered prepaid card, Bitcoin holds near $89,500, Ethereum ETFs see outflows, and institutional crypto adoption quietly accelerates. Here’s your full 24-hour crypto market recap.

