Bitcoin price struggles to defend $21K as Coinbase faces new SEC wrath

Bitcoin price struggles to defend $21K as Coinbase faces new SEC wrath

Bitcoin (BTC) fell to $21,000 on July 26 after it emerged that major the United States cryptocurrency exchange Coinbase was under investigation.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

$21,000 now “super critical” for BTC bulls

Data from Cointelegraph Markets Pro and TradingView showed a swift reversion to lower levels for BTC/USD as reports emerged of fresh legal problems for Coinbase over securities trading.

The U.S. Securities and Exchange Commission, Bloomberg…


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