The price of Bitcoin is falling towards 113,900 $ (~–0.8 %) amid declining market sentiment due to economic and trade uncertainty in the United States.

Ethereum is witnessing strong activity; liquidation activities approached 350 million dollars yesterday, while traded ETH funds are recording outflows despite a price increase of ~4 %.

The altcoin season is heating up according to analyses, especially Ripple, Solana, and Cardano are receiving encouraging technical signals for upward movement.

In the United States, a jury did not reach a consensus in the trial of Tornado Cash developer (Roman Storm) on the more severe charges, but he was convicted of operating an unlicensed money transfer service, which could lead to five years in prison.

An old hacking incident recently revealed: The mining company LuBian lost approximately 14.5 billion AUD (22.3 billion AUD) in Bitcoin in December 2020, and the funds remain untransferred to this day.

✅ Summary

Subject Update

General Market General decline and ongoing concerns about risks

Altcoins Possible positive movements, speculation of an alt-season

Bitcoin Within a narrow range close to 114k$

Ethereum High activity and strong outflows

Regulation and Law Legal issues and previous decisions regarding mixers