🔎 Today’s Daily Sift: Crypto/Blockchain Instagram Version Crypto is being stress tested. Bitcoin is near $59,500. Ethereum is near $1,570. The market is not dead. But belief is being repriced. U.S. spot Bitcoin ETFs saw roughly $1.8 billion in weekly outflows while Bitcoin tries to hold the $60,000 zone. That means regulated capital is stepping back. At the same time, the Bank for International Settlements warned that stablecoins look less like money and more like investment vehicles. That matters because stablecoins are the bloodstream of crypto liquidity. Then India delivered the sharper signal. USDT reportedly traded at an 8.5 percent premium after a remittance crackdown squeezed stablecoin supply. When access gets restricted, demand does not vanish. It gets more expensive. That is the hidden story. Speculation is tired. Utility is not. Bitcoin is fighting for trust. Stablecoins are proving demand. The next crypto cycle may not lift everything. It may separate...