Bitcoin and other leading cryptocurrencies, including XRP, Ethereum and Solana, have seen a significant decline this week, mirroring the downturn in the stock market, which could potentially worsen. The price of Bitcoin has fallen to around $60,000 after reaching $70,000 only a week earlier. Similarly, XRP, Ethereum and Solana have also experienced drops, collectively erasing $300 billion from the cryptocurrency market since the end of July.

As traders prepare for a potentially significant impact on Bitcoin stemming from actions by U.S. presidential candidate Donald Trump, the FBI has issued a stern warning regarding cryptocurrency scams. The FBI cautioned about scammers pretending to be employees of cryptocurrency exchanges with the…

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