I think sometimes, the crypto market is waiting for bad news. Market is down again due to this news : The European Parliament is ready to pass a law on the regulation of cryptocurrencies in the near future. There will be strict rules for NFT tokens and stablecoins, and crypto service providers will be banned from accruing interest on deposits in stablecoins.
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We have been hearing this, but let them pass a bill then only we will be confirmed.