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Bitcoin Slides 3% After Hitting One-Year High, NEAR Protocol's Token Surges 10% on Alibaba Cloud Partnership, Belgium Regulator Orders Binance to Cease Services

June 26 (Cointime) - Bitcoin has dropped by 3% to $30,300 after reaching a one-year high of over $31,300 on Friday. The recent 20% increase in Bitcoin's value over the past 10 days is believed to be due to BlackRock's filing to launch a spot Bitcoin ETF, which has encouraged large institutional investors to invest further in the cryptocurrency market. NEAR Protocol's NEAR token has increased by 10% after the company's foundation announced a partnership with Alibaba Cloud.

Belgium's top markets regulator has ordered Binance to cease serving local customers due to the exchange's violation of a prohibition.

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