and several other cryptocurrencies are posting a rebound after the market witnessed selling pressure yesterday and the day before as a result of the SEC lawsuits against the two biggest exchanges, Coinbase and Binance.
The SEC announced a second lawsuit against Binance rival Coinbase on Tuesday and, later in the day, requested that a federal court grant a temporary restraining order to freeze assets relating to Binance.US. Dogecoin, the eighth largest cryptocurrency, clocked a 5% increase. However, it seems to be erasing some of these gains, as it is up 3.85% in the last 24 hours to $0.069.
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Biggest Movers: XRP Remains Near Multi-Month High on Monday – Market Updates Bitcoin NewsXRP remained near a multi-month high to start the week, despite cryptocurrency markets mostly tracking lower.
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