Post
Topic
Board Exchanges
Re: No impact of SEC freezing USA Binance assets
by
logfiles
on 07/06/2023, 22:53:32 UTC
There is a shocking development where SEC asked to freeze Binance assets. However, the immediate effect of this news was not negative. Bitcoin prices and other coins also moved up even after this news.
I don't know if you were keen enough but when the news came out that SEC was suing Binance and CZ, the Bitcoin and other crypto prices actually sharply slumped immediately but a few hours later, the coin prices rebounded.

The following developments did not affect the price negatively but overall, even with the bad news, Bitcoin price can never stage down for good. It will always go up again. We have been through worse like Luna and FTX crash and yet here we are.