Bitcoin slipped 3.5% to $121,288 after peaking at $126,198, its new all-time high. 99%+ of supply remains in profit, a euphoric zone that typically precedes mild corrections.
Futures open interest dropped 3.75% to $91.9 billion, while $151.3 million in positions were liquidated.
Bitcoin ETFs saw $7.78 billion in trading volume, while Ether ETFs posted $421 million in inflows.
Ethereum traded near $4,445, down 5.3%; SOL at $219; BNB still strong at $1,291 after a record run.
Government shutdown tensions and profit-taking fueled the short-term pullback. Structural demand and ETF flows remain firm, supporting a constructive medium-term outlook.
Bhutan has hired 3iQ to earn yield on part of its Bitcoin and given Gelephu a central bank that can hold crypto, while disclosing less and less about the coins themselves.
A royal decree turns the Gelephu Financial Services Office into the Gelephu Central Bank, with monetary policy, reserve and payments powers and a path to a city currency. The timetable and its relationship with Bhutan's national central bank are unclear
Withdrawals reopened Sunday with a $3.6 billion net outflow and a proof-of-reserves snapshot is out, but Binance has not published its technical post-mortem or said how attackers got in beyond a compromised laptop
The bank says Hong Kong is the first market in its group to get the product for corporate clients, which settles between banks in central bank money around the clock. Blockhead reported a Singapore launch with Ant International in December
