The price of BTC is going nowhere fast.
The crypto market is going through a consolidation phase as the SEC ramps up legal action against crypto exchanges.
Bitcoin (BTC) is trading above $6,400 at press time with a slight gain of 0.01%. Ethereum (ETH) and Ripple (XRP) also gained 0.02% and 0.03%, respectively.
The SEC has stepped up legal action against crypto exchanges since March 20, when it asked Coinbase to hand over data on users involved in a bitcoin-related securities scam. largest in US history. The Securities Exchange Commission (SEC) has asked Coinbase to provide data on users involved in the largest bitcoin-related securities scam in US history. The SEC reiterated its position that crypto exchanges must register with them as brokers and follow their rules by July 11, 2019.
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