Markets Tumble as Tech Selloff Pressures Bitcoin and Ethereum Foundation Restructures

Today we cover the major market downturn hitting crypto and traditional markets, with Bitcoin testing critical support around sixty-two thousand dollars as tech stocks face their worst selloff in months. We examine the Ethereum Foundation's dramatic twenty percent workforce reduction amid a broader restructuring, the US housing bill with embedded CBDC restrictions heading to President Trump's desk, and significant institutional moves including Franklin Templeton's acquisition of two-fifty Digital to launch Franklin Crypto. Plus, we analyze why the CLARITY Act's passage odds have crashed to forty-eight percent, Solana's new trader incentive program, and the implications of President Trump's quantum computing executive orders for Bitcoin security.