#MarketTurbulence

The cryptocurrency market is currently experiencing a period of excitement. After Bitcoin reached its all-time high of over 124,000 euros last week, it has settled around 118,000 euros, influenced by recent U.S. inflation data. At the same time, Ethereum is approaching its all-time highs, supported by increasing interest from companies.

In the realm of altcoins, Coinbase anticipates the arrival of an "altcoin season," a period that may witness significant growth for alternative cryptocurrencies. Furthermore, the NEAR protocol has seen increased volatility, with notable price fluctuations over the past 24 hours.

On the regulatory front, the U.S. GENIUS Act, aimed at regulating stablecoins, has been postponed indefinitely, sparking discussions about the future regulation of digital assets.

Finally, the sale of the French cryptocurrency company Exaion by EDF to an American fund for $168 million highlights the growing international interest in blockchain technology infrastructure.