Weekly Market Wrap: SEC crackdown on Binance, Coinbase ‘can’t stop’ Bitcoin as it trades above US$26,000

Bitcoin recovered above the US$26,000 psychological level after a brief dip, as investors seemingly shrugged at the SEC’s crackdown on Binance and Coinbase. The quick crypto recovery could be a sign of a maturing asset class, industry experts told Forkast.

• 2023-06-09
• Coinbase U.S. Securities and Exchange Commission SEC cryptocurrency the SEC Bitcoin Binance market capitalization Lucas Kiely

Weekly Market Wrap: Bitcoin weighed down by debt ceiling uncertainty

Bitcoin traded above US$26,000 as the uncertainty around the U.S. debt ceiling negotiations caused global concerns over a potential governmental default. Crypto markets will stay muted until a deal is reached, Industry experts told Forkast.

• 2023-05-26
• debt ceiling market capitalization Bitcoin price Lucas Kiely Fitch Ratings Bitcoin