Despite ongoing legal problems with the CFTC, Bitcoin soared to $29,000, setting a new high for 2023. The price increase surprised many given the crackdown on Binance. Some believe the increase shows that the lawsuit will only result in minor fines for the leading cryptocurrency exchange. We'll see how this all pans out.

Most important of all, Bitcoin continues to show bullish signs.

As Bitcoin soared, altcoins struggled to keep pace. Chain data shows that Bitcoin whales are taking profits, which could trigger a price crash.

So watch out that these days we could see a slight decline in BTC. 

Full Article: https://crypto-economy.com/bitcoin-btc-touches-29k-despite-crackdown-on-binance/