Coinbry

  • Market Cap: $2,074,029,081,108.50
  • 24h Vol: $100,280,946,729.68
  • BTC Dominance: 49.07%

Crypto Update: A Recap of Today’s Events

The crypto market continued to experience volatile movements, with the recent downturn potentially linked to the Federal Reserve’s decision to pause rate hikes. Bitcoin briefly dropped below $25,000 for the first time in three months but has since regained the key price level. Regulation remains a constant threat to the crypto sector, with the SEC filing lawsuits against Binance and Coinbase and claiming that 61 different cryptocurrencies are securities.

– The crypto market experienced volatile movements, potentially linked to the Federal Reserve’s decision to pause rate hikes.

– Bitcoin briefly dropped below $25,000 for the first time in three months but has since regained the key price level.

– The SEC filed lawsuits against Binance and Coinbase, claiming that 61 different cryptocurrencies are securities, adding to a long history of disputes over digital assets. Tether’s dominance has led to an all-time high market capitalization of over $83.5 billion on June 15.

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