Mastercard Expands Blockchain Capabilities Amid Bitcoin Volatility

Mastercard has announced the expansion of its settlement capabilities to support on-chain, real-time payments that operate 24/7 on blockchain networks.

This development comes as Bitcoin's price continues to experience volatility due to various factors such as geopolitical tensions and regulatory developments.

Analysts predict a potential prolonged downturn for Bitcoin, citing the decline in exchange-traded fund (ETF) flows and the prospects of a US market structure bill, which could potentially catalyze renewed institutional interest.