Here’s what happened in crypto today

On October 4, 2023, Bitcoin experienced a slight decline, trading around $27,000, while Ethereum remained stable near $1,600. The overall cryptocurrency market capitalization dropped to approximately $1.1 trillion, reflecting a general downturn. Notably, regulatory developments in the U.S. are causing uncertainty, with the SEC's ongoing scrutiny of various crypto projects. Additionally, several altcoins showed mixed performance, with some gaining traction due to recent partnerships and technological advancements. Overall, the market sentiment remains cautious amid regulatory pressures and economic factors.

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