First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

Ether also spent much of Tuesday on the upswing to trade near $1,900, a 4% gain from Monday, same time. BNB, Binance’s exchange token, which dropped about recently rose about 2% a day after plunging more than 10%. ADA and SOL, the tokens of smart contracts platforms Cardano and Solano, regained slivers of ground lost amid lawsuit aftershocks with the former rising about a half a percentage point and the latter more than 1%. Layer 2 platform Polygon’s MATIC was down about 1.5%. In its filing, the SEC identified those tokens among 13 as unregistered securities.

Original Source: https://www.coindesk.com/markets/2023/06/07/first-mover-asia-why-did-bitcoin-rise-no-one-is-surprised-by-genslers-actions-crypto-ceo-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines