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The Bitcoin price has dropped by 1.5% today, falling to $26,244 as the cryptocurrency market continues to teeter in the face of a possible US debt default.

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The price of Dogecoin (DOGE) has risen by 1.5% in the past 24 hours, climbing to $0.073251 as the cryptocurrency market gains by a similar percentage.

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Bitcoin, the leading cryptocurrency in the market, has been experiencing a period of consolidation, where its price has been range-bound and showing limited volatility. 

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As Bitcoin mining difficulty hits an unprecedented high, the cryptocurrency’s future price trajectory comes into focus. 

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Bitcoin , ether and other cryptocurrencies should be regulated as gambling given they are potentially used by fraudsters and pose significant risks to consumers, a panel of UK lawmakers said in a report on Wednesday.

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Bitcoin (BTC) has made a significant move in the market as it shattered the crucial $27,200 level. 

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In light of a remarkable $8 billion trading volume influx, Bitcoin’s future valuation has become a hot topic among traders and investors. 

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Crypto prices slid on Thursday as investors weighed a news report about two of the biggest institutional liquidity providers dialing back their crypto-trading businesses in the U.S.

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As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market. 

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The cryptocurrency market has been experiencing a lot of turbulence lately, with both Bitcoin and Ethereum struggling to gain momentum. 

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