{"id":22992,"date":"2025-04-13T20:05:10","date_gmt":"2025-04-13T17:05:10","guid":{"rendered":"https:\/\/forklog.com\/en\/weekly-round-up-new-sec-chief-doj-crypto-unit-shuttered-and-miners-overpay-for-imports\/"},"modified":"2025-04-13T20:05:10","modified_gmt":"2025-04-13T17:05:10","slug":"weekly-round-up-new-sec-chief-doj-crypto-unit-shuttered-and-miners-overpay-for-imports","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/weekly-round-up-new-sec-chief-doj-crypto-unit-shuttered-and-miners-overpay-for-imports\/","title":{"rendered":"Weekly round-up: new SEC chief, DOJ crypto unit shuttered, and miners overpay for imports"},"content":{"rendered":"

Paul Atkins was confirmed as chair of the SEC<\/span>, the U.S. Department of Justice shut its crypto-crime unit, American miners overpaid to import equipment, and other highlights of the week.<\/p>\n

Markets<\/h2>\n

Bitcoin opened the week at $78,000. The downtrend from Sunday, 6 April, continued. On Monday morning the price slipped below<\/a> the $75,000 level.\u00a0<\/p>\n

Over 24 hours the price of the \u201cdigital gold\u201d fell by almost 10%. XRP lost about 21%, Dogecoin roughly 19%. Ethereum failed to hold $1,500, dropping by ~18%. The total crypto market capitalisation fell by ~12.5% to $2.46trn. Bitcoin\u2019s dominance topped 60%.<\/p>\n

Soon the price recovered to $80,000 amid rumours that U.S. President Donald Trump planned a 90\u2011day pause before implementing tariffs.\u00a0<\/p>\n

On 7 April, coins sold at a loss on exchanges came to<\/a> 36,000 BTC (over $2.7bn).<\/p>\n

\n

In the past 24 hours, 36K BTC were sold at a loss on exchanges \u2014 that’s not a lot compared to other days this year. pic.twitter.com\/L73nDYVNlp<\/a><\/p>\n

\u2014 Axel ?? Adler Jr (@AxelAdlerJr) April 7, 2025<\/a><\/p><\/blockquote>\n