First, take a look at this: Hong Kong SFC: Plans to restrict unlicensed institutions from using misleading names, extending regulatory oversight to virtual asset trading platforms
$BTC 75855.29, 24h +0.29%, 24h trading volume 1.204 billion.
Good news like this is easily amplified by hype, so it’s better to look at it rationally. Numbers have no emotions, but hype can be misleading, so let’s look at the numbers first. What are your expectations for what comes next?

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