Bitcoin's Volatility Continues: Falls to $28K and Analysts Predict Possible 50% Surge

Bitcoin falls for the third consecutive day, losing almost 10% since last Friday, while Ether has lost 8% during the same period. The European Parliament passed comprehensive crypto legislation, becoming the first major jurisdiction to do so. The US SEC is advising brokers and investment advisers to scrutinize crypto before recommending digital assets to ensure the risky products are in the best interests of their clients. Coinbase has obtained a license to offer its services in Bermuda, while a large investor moved over 34,000 ETH ($64.8 million) to Binance, potentially adding to bearish pressures on Ether.