Crypto Market Resilient Despite SEC Crackdown and Market Turmoil
TL;DR Summary
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw marginal gains following the announcement of the May Consumer Price Index (CPI), which demonstrated a decline in inflation. Despite ongoing SEC lawsuits against major crypto exchanges Binance and Coinbase, investors appeared to set aside their concerns and awaited the outcome of the latest inflation report and the Federal Reserve interest rate decision. The exchange supply of Bitcoin dipped to its lowest level since February 2018, as traders move their BTC holdings to self-custody wallets amid the current uncertainty surrounding Binance and Coinbase.
- Bitcoin, Ethereum, Dogecoin See Marginal Gains Post May CPI Data Benzinga
- Bitcoin gets closer to '51% attack' on altcoin market Cointelegraph
- Bitcoin, Ether Remain Resilient After Binance, Coinbase Suits, and Amid Long-Running Crypto Industry Turmoil CoinDesk
- The Cryptocurrencies Getting Hit Hardest Under the SEC Crackdown Yahoo Finance
- Bitcoin, Ethereum, Dogecoin Trade Mixed Ahead Of May CPI Data Benzinga
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