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Binance lawsuit sparks a crypto sell-off, Bitcoin falls to support at $27,100

From kitco.com

Financial markets got off to a volatile start this week, as the crypto ecosystem took a hit after the Commodities Futures Trading Commission (CFTC) filed a lawsuit against Binance for allowing U.S. citizens to use its exchange. Meanwhile, movement in bank stocks led to a choppy day for equities. The day started on a positive note for the stock market, with the major indices opening higher in the early hours, only to trend lower in the afternoon, resulting in a mixed close. The S&P and Dow finished in the green, up 0.16% and 0.60%, respectively, while the Nasdaq recorded a loss of 0.47%. Data provided by ... (full story)

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  • Category: Technical Analysis