BTC needs a catalyst to break the $30,000 threshold, says an analyst. DOGE spikes after Twitter changes its platform's logo to the dogecoin symbol from the blue bird.
ALSO: Shaurya Malwa writes that a little-known Ethereum community is rallying behind the Ethereum Goerli test network in the hope that it can help find a way to keep it going.
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s actionagainst Binance and CEO Changpeng Zhao.
BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.
The central bank confirmed most expectations with its decision to raise the interest rate by 25 basis points. Other major cryptos were largely in the red.