{"id":84948,"date":"2023-06-06T01:07:09","date_gmt":"2023-06-06T05:07:09","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84948"},"modified":"2023-06-06T01:00:34","modified_gmt":"2023-06-06T05:00:34","slug":"bitcoin-drops-below-26000-after-sec-sues-crypto-exchange-binance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2023\/bitcoin-drops-below-26000-after-sec-sues-crypto-exchange-binance.html","title":{"rendered":"Bitcoin drops below $26,000 after SEC sues crypto exchange Binance"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/cryptocurrency\/\">Cryptocurrency prices<\/a> dropped Monday after the U.S. Securities and Exchange Commission <a href=\"https:\/\/www.cnbc.com\/2023\/06\/05\/sec-sues-binance-and-ceo-changpeng-zhao-for-us-securities-violations.html\">charged Binance<\/a>, the largest crypto exchange in the world, with violating securities laws. <a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">Bitcoin<\/a> fell 5.5% to $25,662.50, its lowest level since March, according to Coin Metrics. <a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\">Ether<\/a> slid 5.1% to $1,807.79. <a href=\"https:\/\/www.cnbc.com\/quotes\/BNB.CM=\/\">Binance Coin<\/a>, a token used to pay transaction and trading fees on the Binance exchange, tumbled 9.5%.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/06\/05\/bitcoin-drops-below-26000-after-sec-sues-crypto-exchange-binance.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Cryptocurrency prices dropped Monday after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws. Bitcoin fell 5.5% to $25,662.50, its lowest level since March, according to Coin Metrics. Ether [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84948","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84948"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84948\/revisions"}],"predecessor-version":[{"id":84949,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84948\/revisions\/84949"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}