The cryptocurrency market saw a notable correction 📉 this past week, with Bitcoin (BTC) dropping below $98,000 after nearing $99,000 🪙. This decline reduced the global crypto market cap by 2.3% and led to liquidations of $494 million as of November 25 💥.
In a major move, Justin Sun 🌟, founder of TRON, invested $30 million 💰 in World Liberty Financial (WLFI), a DeFi platform backed by U.S. President-elect Donald Trump 🇺🇸. This makes Sun the largest stakeholder in WLFI and an advisor to the project 🛠️.
Meanwhile, XRP has been gaining traction 📈 due to favorable regulatory developments and growing institutional adoption 🏦.
Despite the correction, the crypto market is witnessing significant investments and evolving regulatory landscapes 🌐, shaping the future of digital assets 🚀.$BTC