On Tuesday, the trading value of Bitcoin dropped by nearly 2% to $28,912 amidst significant developments in the cryptocurrency landscape. The SEC's lawsuit against Richard Heart, the mastermind behind Hex, alleging the sale of unregistered securities worth $1 billion, has raised regulatory concerns. Moreover, the political arena adds further uncertainty, with a Republican contender vowing to halt President Biden's perceived "war on Bitcoin" if elected. ... Read More: Bitcoin Price Prediction: BTC Slips 2% Amidst SEC Lawsuit and Political Developments