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.
