🔥 In recent days, the cryptocurrency market has produced a lot of news — gathered all the most important:
🟠 1. Correction after records
Bitcoin fell below $115K after ATH ~$124K.
Ethereum — below $4.2K.
Reason: expectations of Fed decisions and Powell's speech in Jackson Hole.
🏦 2. Institutions are strengthening their positions
Strategy company bought BTC worth $51M (430 BTC).
Total reserves of large players: 629K+ BTC (~3% of total supply).
Treasury companies are actively buying BTC even during declines.
🎨 3. The NFT sector is under pressure
Over the week, the NFT market lost $1.2 billion (–12%).
ETH decline exacerbated the drop.
⚖️ 4. Regulators in action
FCA (United Kingdom) has created a separate team for crypto oversight.
New norms: capital, insider trading, internal transactions.
📰 5. Tether strengthens its team
Tether hired Bo Hines — former White House advisor on crypto policy.
✅ What does this mean for us?
Good entry points may be possible during a downturn.
Institutions — a signal of confidence in the long term.
Alt sectors (NFT) remain high-risk for now.
Regulation and personnel changes are increasingly impacting the market.
#CryptoNews #Cryptocurrencies #Investments
