Liquidity Evaporates as BTC Hovers Near $88K; BitMine Stakes $1B ETH

Crypto volumes have sunk to 2025 lows, even as Bitcoin has risen 1.12% to $88,224 and Ethereum has hovered near $2,967. BitMine has staked 342,560 ETH, removing about $1B from liquid supply. A proposed California billionaire tax on unrealized gains has stirred 2026 exit fears among founders and VCs.

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