Bitcoin Price To Fall Deeper Or Preparing For A Rebound To $25K?

Mass panic rippled throughout the larger cryptocurrency market as the SEC accused Kraken, a cryptocurrency exchange based in California, of running an unregistered crypto staking scheme on Thursday. Bitcoin lost almost 5% at the time, resulting in hitting the fag end of the $21K level while reaching a peak of $24K few weeks back. However, current market data reveals a significant uptick in the price of Bitcoin (BTC) as it reclaims the $21,800 price mark in the past 1 hour.