On July 6, 2024, the cryptocurrency market shows a significant decline. Bitcoin fell below $62,500, losing about 4% of its value in a week, its worst performance this year. Ethereum also fell 2%. At the same time, the European Banking Authority (EBA) announced the introduction of new rules for crypto exchanges from December.

In New Zealand, the tax department requires crypto traders to declare income from cryptocurrency transactions. SkyQuest Technology predicts that the blockchain device market will reach $16 billion by 2028.

In Germany, a member of the Bundestag called for an end to the sale of government reserves of Bitcoin, which, in her opinion, increases market volatility.