Bitcoin Surpasses $68,000 Again as Asian Trading Begins

Last weekend, news that US law enforcement authorities were investigating Tether (USDT), the third largest cryptocurrency by market capitalization, caused the cryptocurrency's price to collapse from $66,000 to the $65,000 range.
As of 7:30 a.m. on the 28th, the global coin market relay site CoinMarketCap reported that
It recorded $68,195, up 1.70% from 24 hours earlier. Early in the morning on the same day, Bitcoin remained at the $67,000 range, but around 7:30 a.m. it rose to $68,000.
This is believed to be due to Asian investors entering the market in earnest. On this day, Bitcoin traded between a high of $68,195 and a low of $66,847.
Prior to this, Bitcoin fell to $65,891 on the 26th of last month, collapsing from $66,000.
This is because the news has been reported that they are under investigation for alleged violation of the cryptocurrency laundering law. Stable coins are coins with no price fluctuations and are usually pegged to the US dollar.
Tether is the third largest coin by market capitalization with a market capitalization of $120 billion. It is also the most widely used stablecoin. Bitcoin, which plummeted on the news of the US Department of Justice's investigation into Tether,
Today, it seems to have absorbed some of the shock and is rebounding again. When Bitcoin rises, other coins also rise in unison. Ethereum, the second largest by market capitalization, is down 1.39%, while Ethereum is down 1.39%.
Solana, in fifth place, rose 3.62%.