Bitcoin fell to a two-month low

The cryptocurrency market suffered heavy losses the night before after the Securities and Exchange Commission (SEC) filed a lawsuit against the exchange Binance.
The regulator accused the trading floor of violating investor protection rules and misrepresenting transactions in digital assets, which the SEC classifies as unregistered securities, Bloomberg reported.
In just four hours, the futures market exchanges canceled nearly $250 million worth of positions after negative news broke, CoinGlass data shows.

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