$GAIN looking good condition hopefully bulls cook it | RoyalCPT on Binance Square

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$1 Trillion Wiped from the Market Over the past six weeks, the crypto market has lost more than $1 trillion in value. Financial Times This comes after a record high earlier in October, and some analysts say we may be seeing the end of the current demand wave.

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Broad Market Sell-Off The crypto market is facing a sharp downturn. Bitcoin dropped ~2.1% to around $85,350, a 7-month low. Reuters Ethereum (ETH) also fell more than 2%, hitting its lowest in four months, around $2,777. Reuters This is part of a broader “risk-off” move: investors are pulling away from riskier assets. $BTC $BNB $SOL

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Governments worldwide are intensifying their regulation of the cryptocurrency market. The U.S. Securities and Exchange Commission (SEC) has been taking action against crypto exchanges and tokens they consider unregistered securities. Meanwhile, countries like the EU and China are working on creating their own digital currencies. $BTC $ETH $BNB

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