The total cryptocurrency market cap is over $2.82 trillion, with Bitcoin dominance at 59.1%.
Here are both sides of the argument:
Bullish case: The news offers a new narrative and could boost interest.
Bearish case: It could affect sentiment, and short-term traders may become more cautious.
My take: Both sides have a point. The real question is how $BTC ’s price and trading volume respond.
$BTC is currently at 83115.69, down 0.79% over 24 hours, with a 24-hour range of 82227.56–83936.01.

#BTC

NFA, DYOR.