Bitcoin is now trading at $28,316.30 and is showed signs of resilience and is 5.19% up in one day recovering above the key level of $28,000.
The chart on coinmarketcap for Bitcoin today looks like this.
Today's price hike of Bitcoin is seen to be overcoming regulatory action against cryptocurrency exchange Binance and rising past the crucial $28,000 mark.
The U.S. Commodity Futures Trading Commission (CFTC) after filing a lawsuit against the crypto exchange Binance and its founder Chengpeng Zhao over the allegations of knowingly offering unregistered crypto derivatives products in the US which is a voilation of the Federal law, Bitcoin dives below $27,000.
Now, today we see Bitcoin crossing $28,000 mark.
Is Bitcoin going to go up more than $30,000 mark in the coming days showing more resilience or it is going to dive down in price? Only time will tell.
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