In a volatile session, cryptocurrency prices experienced significant fluctuations following news related to Tether. Bitcoin, which had been approaching the $69,000 mark, saw a sudden drop to as low as $66,500 after the announcement. This represented a nearly 2% decline over the past 24 hours, before recovering slightly to $66,800. The broader market, as measured by the CoinDesk 20 Index, was down 2.3% during the same period.
