The MiCA enforcement deadline has finally landed, pushing the world's biggest exchange out of the EU. A 140-company alliance just detonated a bomb under the leading regulated stablecoin issuer. And Bitcoin is grinding near its lowest levels in over a year as institutional demand stays soft. Here's what's actually moving the market today.
Why is Bitcoin falling today?
Sentiment is firmly risk-off. The global crypto market cap sits around $2.11 trillion, down roughly 1.8% over 24 hours, with total trading volume near $76.9 billion. $BTC is trading around $58,500, off about 2.2% on the day, while $ETH is near $1,573, down roughly 1.4%.
Bitcoin price in USD over the past weekThe mood gauge tells the story. The Fear & Greed Index has dropped to 11 — deeper into "extreme fear" — down from 15 a day earlier, as total market cap slipped from $2.16T to $2.11T...
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