TORN price sinks 45% after U.S. Treasury sanctions Tornado Cash — Rebound ahead?
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
TORN is near a historically strong support range, eyeing a 75% rebound by September 2022.
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
UK sanctions crypto platforms suspected of supporting Russian financial networks
The UK sanctioned Cryptomus, Heleket and TokenSpot in a Russia sanctions package, with TRM Labs identifying links to Grinex and Ga...
Citi predicts Bitcoin going back to $113,000. Here’s what the buying data shows
Citi's $113,000 Bitcoin target would require a roughly 36% rise from the Oct. 7 reference price, keeping it below its previous rec...
AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking
Bitcoin faces a new macro headwind from the artificial-intelligence boom as massive infrastructure spending competes for long-term...
Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens
Bitcoin’s US-session weakness is deepening as BTC prices on Coinbase trade at a $64 discount to Binance, the largest global crypto...
Bitcoin’s failed breakout reveals a dangerous mix of thin volume and easy profits
Bitcoin has fallen nearly 5% this week as weak trading volume and profit-taking blunt attempts to reclaim $85,000. The largest cry...
Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops
Bitcoin rebounded to $82,000 as Trump ruled out an Iran strike before the midterms, while crypto security experts pushed back on “...