US regulator CFTC is suing cryptocurrency exchange Binance and its founder Changpeng Zhao due to issues related to violation of trading rules and derivatives. The news triggered a sharp sell-off of Binancecoin. Bitcoin also took a hit and dropped below the 28,000 mark. Nevertheless, at the moment Binancecoin is losing less than 2%.
Source: xStation5
Morning wrap: Tech sector sell-off (06.02.2026)
Technical analysis: Bitcoin deepens decline falling to $66.5k 📉
🚨Bitcoin crashes 4% to $69k📉Sell-off on Ethereum and Ripple
Chart of the day: BITCOIN 40% below recent peak 🚨 Eroding fundamentals risk selling spiral 📉