Profit-Taking Slows Crypto Bull Run Momentum

The cryptocurrency market is showing signs of recovery, though lingering economic concerns and profit-taking behavior are still holding back investor confidence. As of June 27, Bitcoin was trading at $106,600, marking a 1% drop in the last 24 hours. Other digital assets, including major altcoins, mirrored this trend, with the top 100 tokens by market value also declining around 1%.

Industry players like Bit Digital Inc. (NASDAQ: BTBT) will be following any regulatory developments in Washington, D.C. as these could reshape the trajectory of the crypto industry in the U.S. and influence…

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