Swan Bitcoin: Drops UK Mining Litigation

Swan Bitcoin has dropped its Bitcoin Mining Case in UK litigation, conceding it owns no proprietary assets, documents or trade secrets.

Market participants now reassess BTC price prediction scenarios while monitoring risks of a crypto market crash and separate AI industry impact on digital assets. With BTC at $71632.43 the 4h chart shows price testing lower Bollinger support at $71794.18 as EMA50 resistance at $74376.97 and the MACD death cross at -646.16 reinforce bearish structure, pointing to further downside before any relief.