Crypto Market Makers Pull Back from U.S. Trading, Causing Bitcoin to Drop Below $27,000
Bitcoin saw a 3% fall in its price on Thursday, closing at $26,937.29, while ether also lost 3.1% to trade at $1,793.82. This comes after institutional liquidity providers, Jane Street and Jump Crypto, decided to pull back from their crypto-trading businesses in the US following regulators’ crackdowns on the cryptocurrency industry. The move prompted concerns…