-2.44%
Bitcoin and altcoins have been volatile in the past two days, as the cryptocurrency markets come to terms with the actions of the United States Securities and Exchange Commission (SEC) against two of the biggest crypto exchanges, Binance and Coinbase (NASDAQ:COIN).
After the initial knee-jerk reaction to the news and the subsequent rebound, markets are likely to enter a range as traders reflect upon the uncertainty around the lawsuits. The initial response has been encouraging, as the markets have not collapsed, indicating the growing maturity of the crypto space.
Daily cryptocurrency market performance. Source: Coin360BTC/USDT daily chart. Source: TradingViewETH/USDT daily chart. Source: TradingViewBNB/USDT daily chart. Source: TradingViewXRP/USDT daily chart. Source: TradingViewADA/USDT daily chart. Source: TradingViewDOGE/USDT daily chart. Source: TradingViewMATIC/USDT daily chart. Source: TradingViewSOL/USDT daily chart. Source: TradingViewDOT/USDT daily chart. Source: TradingViewLTC/USDT daily chart. Source: TradingView
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