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BTC, ETH Plunge 4% Following SEC Termination of Kraken Staking

Kraken agreed to halt the service and pay $30 million in disgorgement, prejudgment interest, and civil penalties, without admitting to or denying any wrongdoing. 

Less than 24 hours ago, Bitcoin traded for roughly $22,950 but sharply fell after Thursday’s announcement to $21,791. Meanwhile, Ether has declined from $1648 to $1548 – a 6% fall. 

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