Equities and cryptos kicked off the abbreviated US trading week in the green, despite a swirl of market-moving headlines and macroeconomic narratives that kept traders on their toes.
Bitcoin managed to hold above $37,000, even after falling as much as 1.7% Monday afternoon following reports that crypto exchange Binance is working with the US Department of Justice to settle criminal charges for as much as $5 billion.
Bitcoin had stabilized to around $37,500 at time of publication. Ether similarly had recovered after nearly dipping below $2,000 midday Monday after news of Binance’s potential bill dropped.
Read more: Binance, regulators near multibillion-dollar criminal…
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