Bitcoin Bear Market Back Or Slight Correction? Here’s What’s Going On

Yesterday’s news that one of the largest US exchanges Kraken will have to pay a $30 million fine to the US Securities and Exchange Commission and shut down its crypto-staking product for US customers has caused a lot of uncertainty, including in the Bitcoin market. In recent days, it has become increasingly apparent that U.S. authorities are pursuing a strict agenda against crypto companies in the wake of the FTX collapse.