#Binace $BTC

Here are the latest updates on Bitcoin and Binance:

Bitcoin Price Update: As of March 13, 2025, Bitcoin is trading at approximately $83,202.08, reflecting a decrease of 0.37% over the past 24 hours.

Potential Price Drop Amid EU-US Tariff Tensions: Analysts warn that escalating geopolitical tensions between the European Union and the United States could push Bitcoin below the critical $75,000 support level. On March 12, the European Commission announced tariffs in response to U.S. steel and aluminum imports, raising concerns about a prolonged trade war that could negatively impact global financial markets, including cryptocurrencies.

MicroStrategy's Aggressive Bitcoin Acquisition: MicroStrategy continues its aggressive Bitcoin acquisition strategy, now holding 478,740 BTC valued at over $46 billion, with a 47.7% investment gain. The company plans to issue a $2 billion convertible note in Q1 2025 to finance further Bitcoin purchases, aiming to create additional value for shareholders.

SEC Reforms and New Cyber Unit: On February 20, 2025, the U.S. Securities and Exchange Commission (SEC) restructured its Crypto Assets and Cyber Unit, forming the new Cyber and Emerging Technologies Unit (CETU). This unit focuses on combating digital fraud, including AI-based schemes, blockchain fraud, social media manipulation, and cybersecurity compliance failures. Led by Laura D’Alared, CETU comprises 30 attorneys and fraud experts across nine SEC regional offices.

Altcoin Season Initiation: According to CryptoQuant CEO Ki Young Ju, an altcoin season may have begun this month. Since mid-November 2024, the 90-day moving average of altcoin trading volume on major exchanges has increased, with the altcoin-to-BTC trading volume ratio rising from 1.77 to 2.77 as of February 20, 2025. This indicates a growing interest in altcoins such as Ethereum (ETH), Binance Coin (BNB), Ripple (XRP), Solana (SOL), Chainlink (LINK), Polygon (MATIC), and Toncoin (TON).

Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough