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MicroStrategy Inc (NASDAQ:MSTR) shares are trading lower Tuesday after the company reported worse-than-expected financial results for the first quarter.
The US Securities and Exchange Commission (SEC) has been scrutinizing the nature of Ethereum and whether it should be classified as a security, according to new details emerging from court documents released on Monday.
Bitcoin was down about 2.22% over a 24-hour period, hovering around $61,180 at the time of writing. The world's largest crypto continues to pull back from its highs as demand for bitcoin ETFs continues to moderate.