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Bitcoin is rebounding despite the SEC’s Crypto Warning
BTC/USD is trading at 28,011, up 1.57% over the past 24 hours. The recent banking crisis and fed dovish rate hikes sparked the recent rally. The gains in the border crypto market and BTC were accelerated despite the SEC’s recent warning. The US regulatory authority advised investors to exercise caution while considering cryptocurrency investments. However, investors bashed the agency for criticising the digital asset industry. Instead, they expressed more confidence by increasing their positions in Bitcoin, which drove its prices higher.
