After surfacing briefly above $26,000 early Monday morning, bitcoin returned to its recent, more familiar haunts below this threshold. The largest cryptocurrency by market capitalization was recently trading at $25,850, down a percentage point over the past 24 hours. BTC dipped $26,000 near the end of last week, following a troubling mix of U.S. Securities and Exchange Commission (SEC) lawsuits against crypto exchange giants Binance and Coinbase, and ongoing angst about the U.S. central bank's inflation-fighting monetary policy. “The Cryptoverse is stuck in limbo as regulatory fears run wild and as some investors abandon certain key exchanges,” said Edward Moya.
Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!
Android: https://links.hashd.co/android
Comments