Cryptocurrencies including Bitcoin and Ethereum saw a decline, with Bitcoin dropping 4% to $64,278 and Ethereum over 3% to $3,156.

Market downturn linked to Middle East conflict, China's economic worries, and slow ETF inflows.

Despite the drop, Bitcoin shows a mildly bullish short-term trend with support at $63,654.

Global cryptocurrency market cap decreased by 3.9% to $2.37 trillion, with Bitcoin's dominance at 53.39%.

Morgan Stanley is considering recommending Spot Bitcoin ETFs, while the U.S. may block spot Ethereum ETFs.

The EU introduces new anti-money laundering regulations for crypto firms; Hong Kong plans Bitcoin and Ether ETFs.

The SEC is delaying a decision on spot bitcoin ETF options trading and seeking public input.

Crypto market recovery is uncertain as prices struggle to maintain key support levels; technical indicators show bearish trends.