#MarketSentimentWatch The cryptocurrency market is currently experiencing a downturn, with Bitcoin (BTC) trading at $95,774, reflecting a decrease of 2.54%. Ethereum (ETH) stands at $2,639.40, down 3.39%. BNB is priced at $643.95, down 2.05%. Cardano (ADA) is at $0.759289, down 5.21%, and Solana (SOL) is at $168.41, down 3.36%.

Despite these challenges, some positive regulatory news has emerged. Coinbase announced that staff from the U.S. Securities and Exchange Commission (SEC) have agreed to dismiss a significant lawsuit against the company, signaling a potentially more friendly approach towards the cryptocurrency industry under the current administration. Overall, market sentiment seems cautious, influenced by recent security breaches and political events, although there are some measures of regulatory easing.