US regulator crashes bitcoin rate

Following the release of a major White House report on cryptocurrencies, the price of bitcoin BTC $117,566.13 Bitcoin 0.88% Market capitalization $2.34 trillion VOL. 24 hours $1.79 billion has shown a decline. The report, prepared by the US government, highlights the risks associated with the use of digital assets and the need to strengthen regulation of this market. The document contains recommendations for the implementation of additional control measures, in particular in terms of combating money laundering and investor protection.

At the same time, the US Federal Reserve left the key interest rate unchanged, which also affected market sentiment. Keeping the rate unchanged was an expected decision for the financial sector, but it was the emphasis on the risks of digital assets in the report that put more pressure on the bitcoin rate.

According to analysts, after the publication of the document, bitcoin lost several percent in value, while trading in other major cryptocurrencies also followed a negative trend. Investors point out that such reports from the US government can have a significant impact on market dynamics, especially amid the growth of digital asset trading in the world.

The report emphasizes the need for coordinated action by government agencies to ensure transparency and stability of the cryptocurrency market. The recommendations include the development of unified supervisory standards, strengthening of transaction controls, and the introduction of additional user protection measures.

Market participants expect further steps by the authorities to regulate digital assets and note that continued investor caution may affect the volatility of the bitcoin exchange rate in the near term.