Cryptocurrency Market Sees Surge in Activity with Citi's Digital Asset Launch and American Bitcoin's Revenue Growth

The cryptocurrency market has been experiencing intense fluctuations recently, with several key players contributing to the excitement.

American Bitcoin reported a net loss of $153.2 million in 2025, primarily due to an unrealized loss under new fair value accounting rules. This comes despite revenue growth and an increasing BTC reserve.

Citi is set to launch a digital asset platform in 2026, which will integrate institutional Bitcoin custody infrastructure into its $30 trillion asset management framework. This move aims to make BTC fully bankable for institutions.