Bitcoin (BTC) Hold Key Support. Ethereum And Altcoins Ready To Pump As Crypto Market Still In Greed
Bitcoin price retains $27K, but forecast says ‘correction is incoming’
BTC price action repeatedly tests the mettle of $27,000 support, with Bitcoin analysis differing over what comes next.
On March 27, the United States Commodity Futures Trading Commission sued Binance and its CEO, Changpeng “CZ” Zhao, alleging that the company illegally offered crypto derivatives services to Americans and facilitated illicit financial activity.
BNB dropped by over 5.5% to $305 on the announcement day, logging its worst daily performance since Feb. 13, when its price dropped by over 5.8% due to another regulatory crackdown involving Binance-branded stablecoin Binance USD
Bitcoin has managed to hold out against a new wave of negative news involving largest global exchange Binance.
While commentators argue that the fallout from United States regulatory action against Binance US may be limited, concerns nonetheless remain that BTC/USD will fail to continue its upward momentum.
Bitcoin (BTC) Hold Key Support As CTFC Sues Binance And CZ. Ethereum And Altcoins Continue to Dump
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