The global cryptocurrency market cap has risen to $4.32 trillion, marking a 1.1% increase over the past 24 hours, according to CoinGabbar. Bitcoin is trading near $124,000, reflecting a 1.3% gain. In regulatory developments, Ripple has applied for an OCC National Trust Bank Charter to manage RLUSD stablecoin reserves. Meanwhile, Morgan Stanley has endorsed Bitcoin as 'Digital Gold' and suggested a 4% crypto allocation in investment portfolios. In other news, ASTER Coin has launched its Stage 3 airdrop, offering enhanced rewards and refunds for Stage 2 participants. The Fear and Greed Index currently stands at 71, indicating growing investor confidence. Upcoming Federal Reserve events, including inflation data releases, meeting minutes, and a speech by Powell, are anticipated to influence market dynamics.