As of January 28, 2025, the cryptocurrency market is experiencing notable movements:
• Bitcoin (BTC): Currently trading at $103,334, reflecting an increase of approximately 3.87% today.
• Ethereum (ETH): Priced at $3,201.62, up by about 4.22%.
• Binance Coin (BNB): Trading at $675.65, with a rise of 1.94%.
• Cardano (ADA): Currently at $0.9628, experiencing a significant gain of 6.42%.
• XRP: Priced at $3.20, up by 9.97%.
In regulatory news, French authorities have initiated a judicial investigation into Binance, the world’s largest cryptocurrency exchange, on allegations of money laundering, tax fraud, and other charges. The investigation spans activities from 2019 to 2024 and includes claims of operating without necessary approvals and misleading users, leading to financial losses. 
Despite these challenges, Binance continues to expand its user base, aiming to reach one billion users by focusing on regulatory compliance and technological advancements. 
Investors are advised to stay informed about these developments, as regulatory actions can significantly impact market dynamics.$BTC #DeepSeekImpact #MicroStrategyAcquiresBTC