🚨 Urgent Update in the Crypto Market
After Bitcoin reached a historic peak of 123,000 $ , the market is witnessing a decline of 3 – 5% today, bringing the price down to around 117,000 $📉.
The reason? Profit-taking from traders and skepticism about the progress of "Crypto Week" legislation within the U.S. Congress, after a vote on regulatory measures was rejected today by several representatives from both parties.
Despite this decline, Bitcoin is still up 7% for the week and **23% since the beginning of the year**, showing signs of maturity in volatility according to a report by Deutsche Bank.
#Bitcoin #BTC #AltcoinSeason
