Bitcoin fails to consolidate above 110,000 USD

The cryptocurrency market’s capitalisation has dropped to 3.39 trillion USD, suffering a decline of 1.6%. This downturn is primarily attributed to rising tensions in the Middle East impacting risky assets.

Bitcoin has seen a decrease to below 108,000 USD after reaching a high of 110,000 USD. This sell-off has impacted various altcoins but is viewed as a temporary scenario amidst a generally bullish outlook.

Upcoming modifications to Bitcoin’s software aim to remove restrictions on OP_RETURN data. Meanwhile, Ethereum’s security report reveals critical improvements that are necessary for enhancing network security.

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