Crypto markets saw heightened volatility as Bitcoin (BTC) fell below the $70,000 level for the first time since November 2024, retracing a significant portion of gains accumulated over the prior year. Meanwhile, Ethereum (ETH) faced renewed scrutiny over the state of layer-2 scaling, Tron (TRX) extended its dominance in USDT issuance, and U.S. lawmakers intensified oversight of Trump-linked World Liberty Financial. This article reviews key developments across BTC, ETH, TRX, USDT, and the broader crypto ecosystem.