The crypto market has seen a general decline in prices over the last 24 hours, driven by a prevalent "risk-off" sentiment in global markets as traders flock to safe-haven assets like gold. This market sentiment is closely tied to ongoing geopolitical uncertainties and specific political and regulatory developments.

Market Movements (Last 24 hours)

Major cryptocurrencies have experienced slight to moderate declines:

Bitcoin (BTC): Trading around $88,900, down over 1% in the last 24 hours. It has been a challenging period for the asset to hold the $90,000 support level.

Ethereum (ETH): Hovering near $2,920, reflecting a decrease of around 1% to 2.5%. Bearish sentiment is noted in the options market for ETH.

Solana (SOL): Priced around $128.40, down over 1%. Despite this price dip, Solana staking has hit a record high of $60 billion, indicating strong long-term confidence.

XRP (XRP): Experienced a drop of over 2% and is trading around $1.89.

Dogecoin (DOGE): Also saw a decline of over 1%, with the price around $0.125.

Political and Regulatory News

Political and regulatory news has played a significant role in shaping market dynamics over the past day:

U.S. ETF Regulations: New regulatory relaxations are set to ease options trading restrictions for Bitcoin and Ether ETFs, a move expected to boost market participation and liquidity.

DOJ Case Dropped: The U.S. Department of Justice dropped its major fraud case against a former OpenSea manager. The appeals court ruled that the NFT data involved lacked tangible commercial value, a legal decision with potential implications for future crypto fraud cases.

Political Tensions: Geopolitical uncertainties, particularly concerning the trilateral talks between Ukraine, Russia, and the U.S., have contributed to the general risk-off sentiment pushing traders toward traditional safe havens like gold.

Legislative Delays: The crypto industry is facing uncertainty in the U.S. as a key market structure bill was postponed after a disagreement involving Coinbase's CEO, highlighting internal industry rifts over regulatory cl

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