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Bitcoin comes under pressure from regulators
Bitcoin comes under pressure from regulators

Bitcoin comes under pressure from regulators

Since the beginning of the week, Bitcoin has lost over 7%, reaching its lowest point since 17 March 2023. Its price dropped on news that the US Securities and Exchange Commission (SEC) has filed a suit against the crypto exchange Binance and its CEO, Changpeng Zhao. According to Glassnode, the cryptocurrency market's total market capitalisation has contracted by 3.6% to $1.13 trillion. The Fear & Greed Index dropped from 53 to 44 out of a total potential score of 100. This indicator demonstrates that crypto market participants are currently more inclined to sell their digital assets. Bitcoin will remain under pressure.

Bitcoin

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© 2022, Libertex
Risk Warning: Trading in financial instruments is a risky activity and can bring not only profits, but also losses. The amount of possible losses is limited by the amount of the deposit.

Libertex is a trademark of Libertex International Company LLC.
Libertex.org is operated by Forex Club International LLC, a company registered in St. Vincent and the Grenadines (Registration No. 1277 LLC 2021), and by MAEX LIMITED, a company registered in the Republic of Mauritius (Registration No. 158250 C1/GBL and Licence № С118023400 issued by the Financial Services Commission, Mauritius, Silicon Avenue, 40 Cybercity The Cyberati Lounge, C/o Credentia International Management Ltd, Ground Floor, The Catalyst 72201 Ebene MAURITIUS).
The entity, which accepts payments from clients and transfers credit card payments back to clients, is Holcomb Finance Limited, a company registered in Cyprus (Kennedy, 12, KENNEDY BUSINESS CENTRE, Floor 2, 1087, Nicosia, Cyprus, Registration No. HE 183254).

The affiliate programme is not permitted in Spain for the commercialisation of investment services and client acquisitions by unauthorised third parties.

The Company does not accept any customers from and does not operate in any of the following restricted countries, such as: Russia, USA, Japan, Brazil and European Union; countries identified by FATF as high risk and non-cooperative jurisdictions having strategic AML/CFT deficiencies; and countries that are under international sanctions.

Before opening an account with us, you should read the legal documents relating to the entity that you're registering with. Please note that our legal documents vary depending on which entity you hold your trading account with and the regulations that apply to you. The relevant entity is determined based on your location and is stated in the footer of the application you register in.

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