The dramatic arrest of Samourai Wallet Bitcoin founders by the US Department of Justice has sparked shock in the crypto community.
The news triggered a sharp decline in Bitcoin's price, which dipped below key support levels to $63,710 before recovering slightly to $64,546.
The sharp price drops in the top two cryptocurrencies by market capitalization triggered widespread liquidation of long positions.
Overall investor sentiment in the crypto market remains positive, with the Fear & Greed Index showing a 'greed' score of 72, a 15-point increase from the previous week.
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