Daily Crypto Roundup: Bitcoin Retests Key Low As Stripe, Visa, Mastercard And Kraken Push Crypto Adoption

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Bitcoin is testing a major support level again, but while retail traders panic, some of the biggest names in finance are still moving deeper into crypto.

In today’s Daily Crypto Roundup, we cover Stripe, Visa and Mastercard backing a new stablecoin platform, Bitcoin retesting its February low for the third time, Bitwise’s model suggesting Bitcoin fair value could be $224,000, Kraken parent Payward planning tokenized IPO access, and the U.S. Bitcoin reserve blueprint expected in July.

We also look at whether this latest Bitcoin drop is a warning sign, a final shakeout, or the kind of ugly setup that often appears before the next major recovery.

Kraken is featured in today’s sponsor section as we discuss why tokenized stocks and IPO access could become one of the biggest bridges between traditional finance and crypto.

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As always, we will see you at the top.