2025-02-20 Market Watch: Crypto markets face volatility and memecoin shifts

Here is what happened yesterday in the crypto market:

LIBRA Fallout Impact on Crypto Markets

The fallout from the controversial LIBRA token has negatively impacted overall market sentiment, with Bitcoin experiencing minimal changes but overall volatility remaining high across the crypto space.
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Mastercard Moves to Implement Real-World Crypto Solutions

Mastercard has announced plans to move beyond the experimentation phase with cryptocurrency, focusing on creating real solutions to enhance consumer engagement in the crypto ecosystem.
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Bitcoin and Ether ETF Trends Signal Market Direction

Investors are showing increasing interest in Ether ETFs, reflecting a strategic pivot away from Bitcoin as the Ethereum network prepares for upgrades, indicating shifting dynamics in digital asset preferences.
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U.S. Crypto Investors Favoring Memecoins Amid Risks

Despite inherent risks, about 85% of U.S. crypto investors are dabbling in memecoins, indicating a continued trend as these assets rise in popularity, albeit with warnings from analysts about potential pitfalls.
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Binance.US Restores Dollar Services

After some setbacks, Binance.US has successfully restored U.S. dollar deposit and withdrawal services for its customers, signaling a positive shift for users looking to engage with fiat currencies alongside crypto investments.
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