📉 Crypto news:
- US President Joe Biden is withdrawing from the 2024 presidential race.
- The price of Bitcoin (BTC) initially fell by 3%, but quickly recovered by 1.5%, reaching $68,364.
- Bitfinex analysts believe that this was a short-term reaction to uncertainty.
- Kamala Harris, the likely Democratic candidate, may increase regulation of the crypto industry.
- Investors are taking a wait-and-see approach until Harris' policy becomes clearer.