The increase that occurred at the end of June like today certainly makes us optimistic, FUDs and negative issues that are happening at this time are Binance which is experiencing a financial crisis, but all of these issues are refuted because many consumers withdraw and do not experience problems like what happened with FTX, of course this makes the market can continue to rise.
The market is not going up, but what is going up is the price of Bitcoin and the prices of many other cryptocurrencies. And for Binance, actually the exchange is not experiencing a financial crisis, because they are just solving their own problems with the SEC. That's the fact and you don't need to care about FUD or negative issues that are not true because if you consume too much negative news, you will be very afraid that your thoughts will also become negative later.
And now the Belgian financial regulator has ordered Binance to stop offering virtual currency services in the country. They consider the provision of exchange services between virtual currencies and legal currencies of non-European Economic Area countries provided by Binance as a violation of Belgian anti-money laundering laws. it seems the story is continuing whether this issue will also make the BTC Correction price return again??
I don't think that this will make BTC correct again in the market, because I don't think the influence or relationship of the Binance problem with the BTC price is too close. And even if BTC is still corrected in the market at the end of this month, I think it is a very pure thing and it is very common for BTC without having to relate it to the problems faced by Binance. After all, everyone can still use other exchanges when one of the exchanges is in trouble.