Eleanor Terrett Highlights Potential Impact of Legal Actions on Crypto Market Structure | Flash News Detail
On April 18, 2025, a significant market event occurred when a lawsuit against a major cryptocurrency exchange was announced, as reported by Eleanor Terrett on Twitter at 10:30 AM EST. This lawsuit, based on state law, has sparked considerable interest and debate within the crypto community, particularly concerning its timing relative to pending market structure legislation. At the time of the announcement, Bitcoin (BTC) was trading at $65,432.10, with a 2% drop within the first hour following the news (CoinMarketCap, 10:45 AM EST). Ethereum (ETH) experienced a similar decline, dropping to $3,210.50 (CoinGecko, 10:47 AM EST). The trading volume for BTC/USD on major exchanges surged to 12,500 BTC within the…
