Gary Gensler speaks, volatility is increasing in Bitcoin!
Bitcoin (BTC) gained incredible volatility as SEC Chairman Gary Gensler began testifying before the Senate Banking Committee.
Bitcoin (BTC) gained incredible volatility as SEC Chairman Gary Gensler began testifying before the Senate Banking Committee.
SEC, one of the factors that direct the cryptocurrency market, has come to the fore again. Gensler, who started testifying in front of the Senate Banking Committee as of the writing of the news, caused a great volatility in BTC. This upward movement, which was first experienced, brought about an increase of 2.74 percent. However, the situation became tense as the authorized names gave their statements one by one.
While the price movement of BTC, which has reached a critical resistance area in a long time period, is followed with curiosity, the decline was not delayed. BTC, which shot to $ 26,850, fell directly with Gensler's statements, dropping a downward needle of 2.37 percent.
