Reasons why #btc is increasing
Senator Chuck Schumer postponed the vote to invalidate #SAB121 in the Senate until tomorrow. He supports Gary Gensler and is trying to buy time as they seek to protect the rule.
Congressman Wiley Nickel sent a letter to Gary Gensler offering the opportunity to voluntarily withdraw regulation SAB121, which restricts financial institutions from storing #crypto. #BuenMiércoles
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🚨 Breaking news from the cryptocurrency market: $140 million liquidated in just 4 hours, impacting nearly 95,000 traders.
The largest single order, worth $5.03 million, occurred on Binance.
This surge in liquidations pushes the 24-hour total to $273.86 million.
Source: @WatcherGuru