The main crypto coin crosses the mark of $26,000

The price of bitcoin rose above $26,000 after it became known earlier that the SEC and Binance had reached an agreement regarding the assets of the American division of the crypto platform. Last Saturday, for the first time since June 8, the BTC rate rose from $25,300 to $26,600.

Before the weekend, the SEC and Binance agreed that the assets of the exchange, which the regulator wanted to block, will be granted access only to employees of the company’s division in the United States. The crypto platform guarantees that none of the employees of Binance Holdings will have access to the private keys of the wallets and the American service.

At the same time, the unit in the United States will not be able to incur expenses, except as part of operational activities. http://Binance.US clients can withdraw their assets from the exchange, and the funds remaining on the platform are safe, the SEC said.

“The US Securities and Exchange Commission (SEC) in its lawsuits against the crypto giants Binance and Coinbase recognized many tokens as unregistered securities. However, bitcoin as a commodity is still in demand and is experiencing a new crisis caused by the SEC’s attention to altcoins like BNB (BNB), Cardano (ADA) and Solana (SOL),” BitRiver financial analyst commented on the status of the first digital coin. Vladislav Antonov.

The company believes that the position of the cryptocurrency industry remains uncertain. Price movements are dependent on many indicators, in particular, the behavior of regulators, economic information, industry events and price fluctuations in the markets. Therefore, “investors should continue to follow the news and act cautiously when making investment decisions,” Antonov said.

What do you think about the behavior of the market for the immediate future?