Bitcoin Slips to $90,000 as Crypto Crime Hits Record Levels in 2025

Bitcoin fell back toward the $90,000 mark on Wednesday, extending recent volatility across the cryptocurrency market, according to highlights from CNBC’s Crypto World.

In industry developments, World Liberty Financial announced that one of its subsidiaries has submitted an application to the Office of the Comptroller of the Currency (OCC) seeking approval for a national trust bank charter. If approved, the entity would be authorized to issue and custody USD1 stablecoins, marking a significant step toward greater regulatory integration in the U.S. crypto sector.

Meanwhile, Chainalysis released its latest Crypto Crime Report, revealing that illicit cryptocurrency activity reached record levels in 2025. Speaking on CNBC Crypto World, Andrew Fierman, head of national security intelligence at Chainalysis, explained that the surge was driven by increased use of digital assets in fraud, ransomware, and illicit financial networks, even as regulatory scrutiny continues to intensify.

The report underscores growing concerns around crypto-related crime, while also highlighting the industry’s push for clearer regulations and improved compliance frameworks.