The cryptocurrency market has witnessed notable fluctuations in recent days. The price of Bitcoin (BTC) fell to $82,749, down 1.9% compared to the previous close, with a daily high of $84,473 and a low of $81,617.
Ethereum (ETH) also declined to $1,826.24, down 4.04%, with a high of $1,911.56 and a low of $1,804.27.
Additionally, the BNB token dropped to $602.96, down 3.03%, with a high of $622.2 and a low of $596.76.
In another context, reports indicate that 20% of officials in South Korea own cryptocurrencies, suggesting a growing interest in digital currencies among government officials.
On the legislative front, the state of South Carolina proposed a new bill allowing investment in Bitcoin, which could pave the way for broader adoption of digital currencies in the United States.
Furthermore, Crypto.com officially announced the conclusion of investigations by the U.S. Securities and Exchange Commission (SEC) against it, which may enhance trust in the company's operations and positively impact the cryptocurrency market.
These developments reflect the changing market dynamics and the interplay between legislation and institutional adoption of digital currencies.