Crypto prices

 Here are some recent developments in the cryptocurrency world:

Market Movements

• Bitcoin Decline: Bitcoin's price fell below $100,000 on Monday, reaching an 11-day low. Analysts attribute this decline to a broader selloff in technology sectors, influenced by the rising popularity of a Chinese artificial intelligence model, which has led to a decrease in Western AI-related stocks. citeturn0news18

Regulatory and Legal Updates

• Seized Bitcoin in the UK: The UK government has seized £5 billion worth of Bitcoin from organized criminals. This substantial amount could potentially be used to address the country's £22 billion public finance deficit. The decision on when and how to sell the Bitcoin will be guided 
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• by the Proceeds of Crime Act 2002. cite