⏬⏬Massive crypto sell-off!

Cryptocurrencies are clearly in a downturn. Bitcoin is losing over 5%, and Binance Coin is down nearly 10% following the news that the SEC was planning to sue the largest cryptocurrency exchange, Binance, due to uncovered irregularities. Binance is accused of violating securities market regulations, conducting unregistered securities sales (the SEC considers cryptocurrencies as securities), and operating an unregistered securities exchange in the United States. Additionally, the SEC reportedly indicated that the exchange was managing its clients' funds, including secretly transferring funds to an entity controlled by the company's founder.

It is important to note that this is not the first time U.S. authorities have sued Binance. The CFTC had previously taken similar action. The United States likely wants to prevent investments in cryptocurrencies through the Binance exchange as quickly as possible.

In response to these reports, we are witnessing significant drops in cryptocurrencies and, above all, a breakout from the recent sideways trend. As we can see, positive sentiments in the U.S. stock market or commodity market no longer have a positive impact on cryptocurrencies.

Binancecoin is at its lowest since early March, as is Bitcoin. On the other hand, we are seeing further increases on the US100. Source: xStation5

14 April 2026, 6:34 PM

Daily Summary: U.S. stock indices are climbing following the PPI data

14 April 2026, 7:56 AM

Chart of the day: Bitcoin surges to $75k level as US dollar weakens 📈(14.04.2026)

9 April 2026, 6:47 PM

Daily Summary: Fragile Ceasefire, Tense Markets, and Mixed Signals from the US

6 April 2026, 10:37 AM

Bitcoin gains 3.5% approaching $70k level 📈

Crypto

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