Bitcoin Dips to $83,000 as SEC Updates Crypto Securities FAQ

The cryptocurrency market opened lower on September 29, 2026, as uncertainty surrounding the SEC's updated FAQ on crypto securities law weighed on investor sentiment. Regulatory tightening in Brazil and Russia further contributed to market caution. Bitcoin fell 1.59% to $83,363, while Ethereum dropped 0.63% to $2,674. Notable developments include Brazil's new reporting requirements for self-custody wallet transactions exceeding $10,000, a $18 million theft from a D'CENT app wallet, and approximately $126.95 million in BTC and ETH withdrawals from Coinbase Prime by a wallet linked to BlackRock. Total liquidations reached $376.83 million over 24 hours, with 77.16% being long positions.