Bitcoin has been in a bull market for a year now and will continue on with the 4-year cycle just like we always do.
The regulators are forcing crypto to develop alternative means of exchange like DEXes.
All to be expected really.

When the banking sector was under attack liquidity retreated into BTC.
If Tether is under attack liquidity will once again retreat into BTC.

All the smart money that got this news early did not react in a bearish manner.
Only after a delayed reaction aftershock of the plebs did price decline today.
In response to basically the best possible outcome we could have expected (plea).
I'm unconvinced I need to be worried about anything just yet.
All I see if paper hands panicking.