Bitcoin breaks $70K, Coinbase gets charter, NYSE picks Avalanche

Bitcoin broke above $70,000 but then fell back below that level as liquidations and ETF withdrawals weighed on the market. Coinbase completed its federal trust bank charter approval, and the NYSE selected Avalanche infrastructure for its tokenized market initiative. Traders are watching whether ETF outflows persist while weighing the institutional validation from Coinbase's charter and the NYSE's Avalanche tie-up.