Bitcoin grew by 5.6% per day

The value of the flagship cryptocurrency has recovered from a drop amid news of a lawsuit filed by a US regulator against Binance. BTC $55,696.89 Bitcoin -2.70% Market capitalization $1.1 trillion VOL. 24 hours $2.68 billion has managed to rise by 5.6% over the past 24 hours.

At the time of writing, the market capitalization of the digital asset is $ 550 billion, with a daily trading volume of $ 21 billion. The total capitalization of the cryptocurrency market grew by 4.9% to $ 1.23 trillion per day, with trading volumes amounting to $ 50.3 billion.

As for the leading altcoins, the Ethereum rate rose by 5.3% to $ 1,822 in 24 hours. Ripple’s price (XRP) rose by 16.9% to $ 0.57, updating its high since early May 2022. The price of Cardano (ADA) increased by 10.4% to $ 0.38, Polygon (MATIC) — by 8.5%, Solana (SOL) — by 7.5%.

On Monday, March 27, it became known that the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against the world’s largest cryptocurrency exchange Binance and its CEO Чанпен Чжао" href="https://noworries.media/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao. The company and its CEO are accused of violating industry regulations. Immediately after the news was made public, the bitcoin rate fell by 4%.

Changpeng Zhao himself called the fact that the CFTC filed a complaint disappointing. The Binance CEO reminded that he and the crypto exchange had been working closely with the regulator for two years.