Here’s what happened in crypto today
On October 3, 2023, Bitcoin's price experienced a significant drop, falling below $26,000 due to increased regulatory scrutiny and macroeconomic concerns. Ethereum also saw a decline, with its value dipping alongside Bitcoin. In response to market volatility, several major exchanges reported a rise in trading volumes as investors reacted to the changing landscape. Additionally, a prominent DeFi project announced a partnership aimed at enhancing security protocols, highlighting ongoing innovation in the sector despite market challenges. Overall, the crypto market remains highly sensitive to external factors and regulatory developments.
Read the full article: Coin Telegraph