Bitcoin Drops 2.5% Amid FBI Investigation into Tether

Bitcoin’s value has dropped 2.5% to $66,450 amid an FBI investigation into Tether for potential sanctions violations. As the world’s most traded stablecoin faces scrutiny over alleged links to criminal activities, the cryptocurrency market experiences increased volatility. With Tether’s daily trading volume at $190 billion, the outcome of this investigation could significantly impact the future of stablecoins and the broader crypto ecosystem.