The crypto market saw heightened volatility as Tesla reported steep paper losses on its Bitcoin holdings, U.S. lawmakers advanced a key crypto regulation bill, The crypto market saw heightened volatility as Tesla reported steep paper losses on its Bitcoin holdings, U.S. lawmakers advanced a key crypto regulation bill,
Weekend Round-Up: Tesla's Bitcoin Losses, US Crypto Bill Progress, Bitcoin's Downtrend And More
News Brief
The crypto market experienced severe turbulence after Tesla disclosed substantial unrealized losses on its Bitcoin holdings, coinciding with U.S. lawmakers advancing pivotal cryptocurrency regulation bills. Bitcoin plummeted approximately 8.00%, pushing ETF investors into negative territory. However, El Salvador maintained its optimistic stance, continuing to accumulate both gold and Bitcoin throughout the downturn—a move many analysts believe demonstrates remarkable confidence in digital assets' long-term potential despite current market volatility.
The crypto market saw heightened volatility as Tesla reported steep paper losses on its Bitcoin holdings, U.S. lawmakers advanced a key crypto regulation bill, Bitcoin slid 8%, ETF investors fell underwater, and El Salvador doubled down by buying more gold and Bitcoin.
read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
XRP Price Prediction: XRP Risks Drop Toward $0.65 After Support Break, While Long-Term Fundamentals Stay Intact
XRP is navigating a period of short-term volatility, testing key support levels, while long-term prospects remain grounded in regulatory progress, institutional
Share
Brave New Coin2026/02/02 00:00
‘More Orange’: Saylor Sends Buy Signal as Bitcoin Nosedives and Leverage Flushes
The post ‘More Orange’: Saylor Sends Buy Signal as Bitcoin Nosedives and Leverage Flushes appeared on BitcoinEthereumNews.com. Strategy signaled renewed bitcoin
Share
BitcoinEthereumNews2026/02/02 00:39
TrendX Taps Trusta AI to Develop Safer and Smarter Web3 Network
The purpose of collaboration is to advance the Web3 landscape by combining the decentralized infrastructure of TrendX with AI-led capabilities of Trusta AI.
Share
Blockchainreporter2025/09/18 01:07