Bitcoin daily chart signals a bearish trend with 9d EMA at $36,587.
Grayscale in Ongoing Talks with SEC for Bitcoin Trust Conversion to ETF.
The last twenty-four hours in the volatile world of cryptocurrency have been a whirlwind following the unexpected resignation of CZ Binance, the renowned figure and CEO of the largest exchange, Binance. His departure comes hand-in-hand with a staggering $4 billion settlement between United States agencies, shaking the global market capitalization, which took a 3% dip within the same timeframe. The repercussions were felt even by Bitcoin, the leading cryptocurrency by market capitalization.
Bitcoin witnessed a 2.17% decline in its value, settling at $36,509, and a 2% reduction in its market cap. Meanwhile, BNB faced a steeper decline of 10%. Despite this, Bitcoin’s trading volume surged by 34%. Concerns are now rising within the community about the strong bullish rally of Bitcoin, which enjoyed a nearly 23% surge in the last 30 days, potentially
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