Bitcoin Plummets as Legal Actions Threaten Crypto Market

Bitcoin’s value has plunged, nearing $85,000 mark, amid growing legal concerns that are shaking the cryptocurrency market. The recent announcement by the U.S. Justice Department regarding Aleksei Andriunin’s extradition from Portugal for alleged market manipulation in cryptocurrency firms has triggered significant price drops. The situation is compounded by ongoing tensions in global trade as Trump’s calls for retaliation against China and the EU add fuel to the fire, exacerbating the decline.