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Crypto markets face margin pressure as regulatory signals remain mixed
Crypto markets showed mixed signals as miners faced margin pressure, Ripple gained institutional backing, and regulators approved limited crypto-linked market infrastructure.
Cryptocurrency markets reflected mixed trends as bitcoin mining hash prices hovered near record lows, compressing profit margins for miners. Ripple attracted renewed attention following its rebound after regulatory clarity with the US SEC, with reports indicating Wall Street backing a valuation linked deal worth around 40 billion dollars with downside protection.