Bitcoin's Resilience Amid SEC Scrutiny Signals Potential for More Gains.
TL;DR Summary
The SEC's recent lawsuits against Coinbase and Binance have caused turmoil in the cryptocurrency industry, but bitcoin remains a safe bet as it is not considered a security by the regulator. Bitcoin's market share has risen as investors seek out the world's largest cryptocurrency. While the SEC listed 19 different crypto tokens in its lawsuits that it considers securities, accounting for roughly 11% of crypto's total market capitalization, bitcoin remains unaffected.
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