The apex cryptocurrency declined 5.3% to $89,976.61 at the time of writing, according to CoinMarketCap data, while Ethereum fell 5.4% to $3,006.10 and XRP was down 4% to $2.16.
Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), predicted two months ago that the fourth quarter would be "unbelivable" for the cryptocurre
Strategy Executive Chairman Michael Saylor told CNBC that the company is “accelerating” its purchases and will be reporting new Bitcoin accumulation on Monday.
Bitcoin's sharp decline intensified early Friday, plunging to $96,000 as market fear deepened and ETF outflows surged. The Crypto Fear and Greed Index dropped to 22, one of the lowest points of the year. Spot Bitcoin ETFs saw the second-largest outflow day in history, with $869.9 million net outflows on Thursday.
Block said the integration will simplify cross-border payments and improve settlement efficiency while maintaining the user-friendly interface that Cash App is known for.
