Bitcoin, Ethereum Technical Analysis: BTC Moves Below $27,000, Following CFTC Suit Against Binance – Market Updates Bitcoin News

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BTC falls to 11-day low, as CFTC issues lawsuit against Binance.

Following a high of $1,797.88 on Monday,Similar to bitcoin, this decline sent ethereum to its weakest point since March 17, when prices fell to a floor at $1,666.The drop comes following a drop in price strength, which saw the RSI move to its lowest level in two weeks.

As of writing, the index has now bounced back from this floor at 51.00, and is currently tracking at 54.50.Register your email here to get weekly price analysis updates sent to your inbox:

 

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CFTC must fuck off somewhere else! Binance is not someone's comrade

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Crypto-Related Stocks Drop Alongside Bitcoin on CFTC Binance SuitBitcoin and shares of crypto-linked companies slid after the CFTC sued Binance. sheldonreback reports. CFTC binance sheldonreback Ignore FUD CFTC binance sheldonreback Biden is going to make the USA run out of crypto companies CFTC binance sheldonreback Why don’t they just say: - we want American banks to take control on crypto in the US - any company with a Chinese CEO will be banned in the US - move the blockchain technologies to Dubai or Singapore ( which are btw great places to live..)
Source: CoinDesk - 🏆 291. / 63 Read more »