In a nutshell: The U.S. CFTC chairman says the crypto regulatory framework is designed to prevent FTX-style fraud, and opponents may be “opening the door” for the next SBF.
In the face of bearish news, I’d be more concerned about whether the previous low finds support. Whether more authoritative sources confirm it later will be key to judging its significance.
$BTC latest: 83111.03, up 0.62% today. More to follow.

#BTC

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