Bitcoin and Dogecoin Lead Crypto Bounce Despite SEC Lawsuits and Coinbase News.

Bitcoin and Dogecoin led gains among major cryptocurrencies as the total crypto market capitalization rose 3.3% to $1.12 trillion, reversing losses from a record liquidation event on Monday. The bounce came as traders shook off the regulatory troubles of Binance and Coinbase, two of the largest crypto exchanges, suggesting bullish strength for major tokens. The US Securities and Exchange Commission charged Binance and Coinbase with selling unlicensed securities in the country, naming a basket of altcoins as securities, while not categorizing bitcoin and ether in the same class.