The crypto market has experienced a strong bearish impulse in the last hour. Bitcoin falls below USD 117,000, while Ethereum dropped nearly 4%, reaching USD 4,391, both affected by more aggressive than expected U.S. inflation data. This triggered a wave of liquidations and increased caution among traders.
At the same time, the Federal Reserve announced the end of the program that specifically supervised the crypto activity of banks, integrating it into its conventional oversight scheme, which provides a clearer regulatory framework but also brings uncertainty about the future of financial regulation in the sector.
