Binance Coin ធ្លាក់ចុះ 5% ពេញមួយយប់ Bitcoin ឡើងដល់ 17K (ឃ្លាំមើលទីផ្សារ)

The cryptocurrency market saw hints of recovery during the past 24 hours, which turned out to be particularly eventful. The total capitalization sits at around $880 billion, as BTC tops $17K once again.

The Battle for $17K

It appears that the Bitcoin bulls are committed to defending the $17K level, preventing the bears from initiating substantial movements to the downside.

Yesterday, the price dipped below that level, but buyers were quick to recoup and pushed it back above it. At the time of this writing, BTC is found at around $17,200 (on Binance), charting an increase of 1.4% in the past 24 hours.

It’s worth noting that this comes at a time of major developments in the industry. Sam Bankman-Fried was ចាប់ខ្លួន earlier in the Bahamas at the request of the US Government. The press release announcing the arrest said:

" Bahamas និងសហរដ្ឋអាមេរិកមានចំណាប់អារម្មណ៍រួមគ្នាក្នុងការទទួលខុសត្រូវចំពោះបុគ្គលទាំងអស់ដែលមានទំនាក់ទំនងជាមួយ FTX ដែលអាចក្បត់ការទុកចិត្តសាធារណៈនិងបំពានច្បាប់។ ខណៈពេលដែលសហរដ្ឋអាមេរិកកំពុងបន្តការចោទប្រកាន់ព្រហ្មទណ្ឌប្រឆាំងនឹង SBF ជាលក្ខណៈបុគ្គល Bahamas នឹងបន្តការស៊ើបអង្កេតបទប្បញ្ញត្តិ និងការស៊ើបអង្កេតព្រហ្មទណ្ឌរបស់ខ្លួនចំពោះការដួលរលំនៃ FTX ជាមួយនឹងការបន្តកិច្ចសហប្រតិបត្តិការនៃការអនុវត្តច្បាប់ និងដៃគូបទប្បញ្ញត្តិរបស់ខ្លួននៅក្នុងសហរដ្ឋអាមេរិក និងកន្លែងផ្សេងទៀត។

BNB Taking a Beating

It appears that there’s an ongoing storm of negativity toward the world’s largest crypto exchange – Binance. Yesterday, a Reuters report quoted sources saying some US prosecutors are supposedly looking to press charges against the exchange and its CEO. However, the sources also said that other prosecutors from the same investigation think there is a need for further evidence. In any case, it concerns a case that started in 2018.

Today, CZ revealed that there’s been an influx of USDC withdrawal requests and that they are not being processed immediately because they have to go through a New York bank that won’t open until a few hours later. He also reassured that users are free to withdraw any other stablecoin, such as USDT or BUSD.

In any case, this has negatively impacted the price of Binance Coin, which is currently down over 5% for the past 24 hours.

The rest of the market is also rather shaky, although there’s an evident attempt at recovery.