The SEC’s attack on crypto exchanges failed to sink the price of Bitcoin.
This is what emerges from the latest Bitfinex Alpha report, which analyzed both the overall situation in the crypto market, as well as traditional markets and macroeconomic conditions.
The SEC attack and the price of Bitcoin
The attack by the US government agency that oversees the securities market (the SEC) was not aimed at Bitcoin, but only at certain cryptocurrencies that are considered unregistered securities, and especially at the exchanges that trade them.
In particular, it has affected the world’s largest crypto exchange, Binance, and the largest US crypto exchange, Coinbase.
For some time now, speculation has begun to circulate that this attack is aimed precisely at downsizing the role of crypto exchanges, or even driving them out of the market.
On the one hand, they are financial platforms that are not fully regulated in the US due to a regulatory gap that will not be closed any time soon.
We współpracy z: https://en.cryptonomist.ch/2023/06/21/sec-attack-not-hurt-bitcoin-price/
