We have seen another volatile 24 hours, but analysts and traders appear
not to be panicked, and to start today's episode I will go through why
that is. Although Bitcoin is down this week, it isn't the worst affected by the current turmoil — that goes to AI tokens, which lose over $4.5B in market cap in just three
days. Outside of the markets, the SEC has filed an appeal in the Ripple
lawsuit over the classification of secondary sales of XRP, and
Lamborghini and Animoca Brands team up to bring the supercars to Web3
games.

Further reading:

• BTC whales not in sufficient profit to dump on market — Ki Young Ju
• Bitcoin traders stress 'bullish' market while BTC price threatens $60K
• AI tokens lose $4.69B market cap in 3 days — When ‘UPtober?’
• SEC files appeal in Ripple lawsuit
• Ripple CEO on SEC appeal: ‘We’ll fight in court for as long as we need’
• Lamborghini brings cars to Web3 games with Animoca, Motorverse partnership

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