06/06 Market Overview: SEC Sues Binance ,BTC & ETH falls below $26,000 and $1,800

Based on CoinGecko statistics, BTC and ETH fell 4.2% and 5.2% respectively, with BTC falling to $25,443.92, with a current price of $25,644.67. Meanwhile, ETH fell to $1,794.14, and the current price is $1,805.61.

CoinGecko

The SEC accuses Binance of illegally soliciting American investors to purchase, sell, and trade cryptocurrencies, as well as offering earnings e.g. BNB Vault, Simple Earn, and staking programmes. The SEC also accuses Binance of intentionally evading US regulations.

Binance is charged with selling tokens as securities, including BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, COTI. Tokens with large market caps such as BTC, ETH, LTC and USDT are not included in the list.

With the current market fluctuations, Tokenlon would like to advise our users to trade safely and practice risk management.

Use Tokenlon instant swap to respond quickly to market changes, and place limit orders and take advantage of the market volatility.

Use Tokenlon instant swap to respond quickly to market changes, place limit orders and take advantage of the market volatility.

Note

Digital assets are highly volatile and unpredictable, do your research before trading.

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