Important current trends in the cryptocurrency market:

1. Bitcoin price fell below $98,000. Analysts believe that this is just a short-term fluctuation and there is no panic selling. The market generally believes that this decline is related to the launch of DeepSeek AI, but the long-term trend is still bullish.

2. KuCoin agreed to pay a $300 million fine for violating U.S. law. This incident shows that the United States has tightened its supervision of cryptocurrency exchanges, which may cause short-term pressure on the market.

3. WazirX is approved for hacking compensation and Tornado Cash’s sanctions are revoked. These legal changes show that the regulatory environment is gradually adjusting and may have a positive impact on the market.

4. The total value of Venice AI tokens reaches US$1.6 billion, showing that the market’s interest in AI-related cryptocurrencies continues to increase.

Market rating: 0.2. The short-term fluctuations of Bitcoin and Ethereum did not trigger large-scale panic, and market sentiment was relatively stable. Regulatory policy adjustments and the KuCoin incident may bring short-term pressure, but the long-term trend is still promising.

Related currencies: $BTC $ETH $BNB $XRP $SOL $DOGE $ADA $LINK