Global RWA markets surged 420% amid regulatory clarity and stablecoins overtook Bitcoin in Latin American adoption, while BTC momentum currently stalls at $77,000 due to short-term profit-taking. Bitcoin is currently trading in a range around $76K and has held above several key investor cost basis levels, indicating that recent buyers remain near breakeven. The average acquisition cost for one- to three-month holders sits near $75,620, which reinforces the formation of a dense cost cluster around the $75,000 support zone. Recent data shows that spot Bitcoin ETFs recorded a total net inflow of USD 14.76 million yesterday, marking a reversal after three consecutive days of net outflows. Among these, Fidelity and BlackRock ETFs contributed inflows of USD 26.61 million and USD 19.05 million respectively. In contrast, spot Ether ETFs have faced sustained selling pressure, with four consecutive days of net outflows and a single-day outflow of USD 23.64 million, bringing total net assets down to USD 13.253 billion. Liquidation risk remains elevated across the market. If Bitcoin drops below $73,308, cumulative long liquidations across major CEXs could reach USD 1.764 billion. For Ether, a break below $2,169 could trigger approximately USD 989 million in long liquidations. The 30-day moving average of the short-term holder SOPR has turned positive for the first time in six months, suggesting that near-term holders may begin to exit positions. Bitcoin has also failed multiple attempts to hold above $77,002, while spot trading volumes have declined sharply. This reflects weaker willingness among investors to build new positions at current price levels. Over the past 24 hours, total liquidations reached USD 132 million, with long positions accounting for the majority, indicating an ongoing deleveraging process among leveraged longs. The market’s liquidity corridor is currently anchored between $74,000 and $80,000, and further direction will depend on whether spot demand can effectively absorb supply. 

Key News Highlights:

Global Tokenized RWA Market Surges 420% Since 2025

The global tokenized real-world asset market has expanded by more than 420% since the beginning of 2025, reflecting strong institutional demand for compliant onchain financial products. Total market capitalization has grown from USD 5.8 billion on Jan. 1, 2025 to over USD 30.2 billion. Tokenized US Treasurys have emerged as the primary growth driver, increasing from USD 3.9 billion to more than USD 15 billion, followed by commodities such as gold. This shift indicates that capital is moving away from purely speculative flows toward yield-oriented allocations with regulatory backing. Analysts note that regulatory frameworks such as Europe’s Markets in Crypto-Assets Regulation have provided the legal clarity required for institutional participation. As a result, major TradFi institutions such as BlackRock and Fidelity have launched tokenized funds, effectively transforming blockchain infrastructure into a distribution layer for institutional capital. Tokenized commodities have also gained traction during periods of heightened market volatility, as 24-hour trading enables continuous liquidity when traditional markets are closed. Market expectations for digital assets continue to rise, with some research firms projecting total market size could reach USD 28 trillion by 2030. While current growth is largely driven by tokenized Treasurys, future expansion will depend on whether tokenized equities, private funds and private credit markets can scale effectively. Competition within the RWA sector has shifted from early narrative-driven hype to differentiation based on regulatory compliance, asset coverage and distribution capabilities. This transition highlights a broader structural evolution in the crypto market toward value-driven adoption and deeper integration with traditional finance.

Repeated Profit-Taking Near $77K Signals Weakening Bitcoin Momentum

Bitcoin has repeatedly failed to sustain a breakout above the $77,000 level, indicating strong profit-taking behavior among short-term holders at this price range. This persistent selling pressure has limited the asset’s ability to move toward $80,000. Data shows that since mid-April, short-term investors holding BTC for less than 155 days have transferred approximately 150,000 BTC to exchanges. In the most recent three trading sessions alone, inflows reached 65,000 BTC, 54,600 BTC and 39,000 BTC respectively. This steady supply flow has significantly weakened upward momentum. At the same time, spot trading volume has contracted to levels last seen in September 2023, with major exchanges recording monthly declines of tens of billions of dollars in volume. This suggests that investor confidence to build spot exposure at current price levels remains limited, leading to a period of subdued market activity. In derivatives markets, total liquidations over the past 24 hours reached USD 132 million, with pressure increasingly affecting long positions. Although the seven-day oscillator has turned positive, open interest has declined from above 300,000 BTC to around 292,000 BTC. Analysts emphasize that a sustained upward move will require fresh spot demand rather than reliance on forced liquidations in futures markets. The current consolidation reflects a market that lacks strong macro catalysts and remains sensitive to liquidity conditions. Price action continues to be confined within a tight range between $75,000 support and $80,000 resistance, and any breakout without sufficient volume support may face rapid rejection as market sentiment remains cautious.

Stablecoins Overtake Bitcoin in Latin America Crypto Purchases

Crypto adoption patterns in Latin America are undergoing a notable shift, as US dollar-linked stablecoins have surpassed Bitcoin as the most purchased digital asset in the region. According to Bitso’s 2025 report, stablecoins such as USDT and USDC accounted for 40% of all crypto purchases, while Bitcoin represented 18%. This trend reflects growing demand for “digital dollarization” in economies facing persistent inflation, currency depreciation and limited access to traditional financial services. Users increasingly rely on stablecoins as a tool for preserving value and facilitating cross-border transactions. The global stablecoin market has expanded to approximately USD 320 billion, with adoption accelerating across both emerging and developed economies. In Latin America, stablecoins are not only used as a hedge against local currency volatility but are also becoming a preferred medium for everyday payments and salary settlements. Some regional retail platforms have introduced stablecoin-based remittance services to support users in Brazil, Mexico and Chile. Despite the decline in purchase share, Bitcoin continues to play a dominant role as a long-term store of value, with a holding rate of 52% across user portfolios in the region. Its core attributes, including scarcity, decentralization and resistance to supply expansion, continue to underpin its long-term value proposition, similar to gold. The report concludes that the evolution of the Latin American market demonstrates a broader shift in crypto utility, moving from speculative investment toward practical financial infrastructure. The rise of stablecoins has improved capital efficiency and provided users with a compliant mechanism to navigate economic instability, marking an acceleration in the integration of digital assets into everyday financial life.

Disclaimer: The information provided in this section is for informational purposes only and doesn't represent any investment advice or FameEX's official view.