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U.S. crypto participation climbed back to mid-2025 levels in March after several months of contraction, according to a new retail survey published Monday by Deutsche Bank.

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The U.S. Treasury on Wednesday said it would step in to support the market for its own bonds after the cost of long-term government borrowing shot up to the highest level in almost two decades. That rise in borrowing costs had become a problem for both the government’s finances and maybe even crypto.

$XRP has recovered the $1.0 psychological level after dropping to $0.98, its lowest level since 2024.

Written by: Sophia Cruz•Wednesday, August 19, 2026•2 min read •Last updated: Wednesday, August 19, 2026

Bitcoin has lost more than half its value from its October 2025 peak, but BlackRock does not see the correction as a breakdown of the Bitcoin thesis. Instead, the asset manager sees leverage, changing capital flows and macro expectations as the main forces behind the sell-off.

This year, the crypto market has remained sluggish. There have been hotspots on-chain, with new meme coins occasionally surging dramatically—but these rallies typically occur on newly launched tokens that give the market little time to conduct proper research. Once the narrative fades, prices quickly revert, and most traders who join mid-way end up losing more…