Binance Coin Course losses below 300 USD according to news from US supervisory authorities: Market Watch

Binance Coin Course losses below 300 USD according to news from US supervisory authorities: Market Watch
Bitcoin had tapped $ 22,000 hours before the last official examination from the United States, this time to Paxos and the Stablecoin Busd, which publishes the company.
Something expected the old coins reacted even worse, with Hbar, APT, FTM, GRT and some others were thrown down in double digits.
Bitcoin again under $ 22,000
Bitcoin cut off much better at the beginning of the month than it was pumped over $ 24,000 for the first time in over five months after the recent interest rate increase of the US Federal Reserve.
The asset could not move further up and returned to $ 23,000 in the following days. The landscape worsened after the US Sec followed crypto staking and BTC fell to $ 21,400-a three-week low.
The weekend was a bit more positive when Bitcoin made something to the ground and rose to $ 22,000. At this point, however, reports appeared that the SEC is planning legal steps against Paxos because it is said to sell not registered securities in the form of Binance USD (BUSD).
More reports from the past today claimed that Paxos was instructed by the NYDFS to creation new busd. Both had a direct impact on BTC, which so far broke on and below $ 21,600.
This has dropped to the market capitalization of Bitcoin to $ 416 billion, but its dominance compared to the Alts has taken a breather and is 41.6 %because most of them have suffered much more.
Btcusd. Tradingview
BNB breaks a 5 %
In view of the relationship between Binance Coin and Busd,was expected that the former would lose some of his dollar value after the US regulatory examination. BNB fell by about 6 % on a daily basis and is traded well below $ 300.
Dogecoin, Vigoreck, Shiba Inu, avalanche, uniswapatom and chainlink are in no better constitution than the large cap alternatives that all have similar price returns.
Ethereum is less than $ 1,500 after a further daily decrease of 3 %. RippleCardano, Okb, Sol, Dot and LTC are also in the minus.
Even more daily losses show at LDO, APT, HBAR, FTM and GRT, since they all declined in double digits.
The cumulative market capitalization of all crypto assets has lost the coveted $ 1-billion limit at CMC and has dropped to $ 990 billion.
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