Bitcoin's Resilience Amid SEC Scrutiny Signals Potential for More Gains.
TL;DR
The SEC's recent lawsuits against Coinbase and Binance have caused turmoil in the cryptocurrency industry, but bitcoin remains a safe bet as it is not considered a security by the regulator. Bitcoin's market share has risen as investors seek out the world's largest cryptocurrency. While the SEC listed 19 different crypto tokens in its lawsuits that it considers securities, accounting for roughly 11% of crypto's total market capitalization, bitcoin remains unaffected.
- One winner in the SEC's clash with crypto: bitcoin Yahoo Finance
- The Future of Coinbase Could Be a Lot Smaller New York Magazine
- Bitcoin, Dogecoin Lead Bounce in Crypto Majors Day After Record 8-Month Liquidations CoinDesk
- Bitcoin Price Shrugs After SEC Moves. Why Cryptos Aren’t Sinking. Barron's
- Bitcoin's Bounce From Turbulence Sparked by SEC Suits Signals More Gains if History Is Right Bloomberg
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