Here’s what happened in crypto today
On October 10, 2023, Bitcoin's price experienced a significant drop, falling below $26,000 amid broader market volatility. Ethereum also saw a decline, with its value dipping under $1,600. In regulatory news, the U.S. Securities and Exchange Commission (SEC) announced new guidelines for cryptocurrency exchanges, aiming to enhance transparency and consumer protection. Meanwhile, several altcoins faced sharp sell-offs, contributing to a decrease in overall market capitalization. Despite these challenges, some analysts remain optimistic about a potential market recovery in the coming weeks.
Read the full article: Coin Telegraph