Bitcoin rose to $97k, altcoins gained, USDT market cap fell due to EU law

From Investing.com

January 3, 2025 12:20:24 AM:

Bitcoin saw a rise on Friday as traders sought clarity on U.S. regulatory outlook under Trump. Stablecoin market cap dropped post-EU’s MiCA law. Crypto markets faced selling pressure but showed optimism on potential regulations. Bitcoin rose 1.2% to $96,852.7. USDT market cap fell 1.4% due to MiCA implementation in EU. Altcoins saw gains after a weak start in 2025. Altcoins like ETH and BNB rose by 1.1% and 1.6% respectively. Other cryptocurrencies also saw positive movement.

Read more at Investing.com: rises to $97k as new year rout eases; Tether hit by MiCA law By Investing.com