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Crypto Price Analysis 10-8: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR

Retrieved on: 2025-10-08 22:07:43

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Crypto Price Analysis 10-8: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR. View article details on hiswai:

Summary

This comprehensive cryptocurrency market analysis examines Bitcoin's recent retreat from all-time highs and broader market corrections, written by crypto industry experts.

The cryptocurrency market experienced a significant pullback after Bitcoin reached a new all-time high of $126,296, with the overall market declining nearly 3% in 24 hours. Major cryptocurrencies including Ethereum, Ripple, and Solana all registered substantial losses. Meanwhile, regulatory developments show promise as SEC Chair Paul Atkins announced plans for an "innovation exemption" framework to support crypto firms by year-end.

  • Bitcoin retreated from $126,296 high to trade around $121,737, while Ethereum dropped below $4,500 after briefly crossing $4,700
  • SEC Chair commits to finalizing crypto-friendly "innovation exemption" rules despite government shutdown concerns
  • MicroStrategy's Bitcoin treasury reaches $78 billion, approaching cash positions of tech giants like Microsoft and Amazon
  • BitGo secured regulatory approval in Dubai, while Intercontinental Exchange invested $2 billion in prediction market platform Polymarket

Article found on: cryptodaily.co.uk

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