Quote from: DrBeer on Today at 08:56:17 AM

- In your opinion, is this a consequence of increased pressure on China by the U.S.?

This has nothing to do with China.

Quote from: EarnOnVictor on Today at 09:46:40 AM

Binance is the largest exchange, and the lawsuit by the US's SEC would surely affect the crypto space, but this effect is expected to douse over time as this is still an allegation, and it will remain as such until the court delivers its verdict.

After the news, bitcoin fall from over $27000, down to almost $25000. Some people like to panic or to make use of such market situation to sell. SEC sued Binance, but not that Binance is closing down, or Binance go hacked, but which could have caused more downtrend.