Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, global trade concerns continue pressuring investor sentiment, risking a potential Bitcoin correction below the key $75,000 support level, and the US Securities and Exchange Commission has released a statement saying it does not view memecoins as securities as it drops its lawsuits against Coinbase, Consensys and Gemini.
Bitcoin risks more downside if it loses a “key” $75,000 support amid growing concerns over a potential trade war between the United States and China.
Bitcoin’s (BTC) price has fallen more than 6.5% during the past 24 hours to sink below a low of $78,197, which was last seen on Nov. 10, 2024, Cointelegraph Markets Pro data shows.
