Crypto's weekend sell-off compounds investor jitters
Market already on edge after US lawsuits against Binance and Coinbase Global
Source: thenationalnews.com
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Market already on edge after US lawsuits against Binance and Coinbase Global
Bitcoin faces turbulence triggered by SEC lawsuits against key crypto exchanges. Will history repeat itself, leading to short-term gains?
'Investors are closely monitoring the outflow from major exchanges, fearing a situation similar to the recent FTX bank run,' Mauron said.
Bitcoin has rebounded about 74% in 2023 from last year’s crypto rout.
Bitcoin rose as much as 4.9% and was trading at about $25 610 as of 10:45 a.m. in Singapore on Friday.