Cryptocurrencies
Bitcoin Leads Crypto Higher in Defiance of Regulatory Crackdown
- Binance told to remove U.K. advertising, financial promotions
- Huobi exchange bars Chinese users from trading derivatives
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Bitcoin pushed higher as proponents took the U.K.’s crypto crackdown in stride after the digital token traded above a key technical level over the weekend.
The largest cryptocurrency advanced as much as 8%, and recently traded at around $34,580 in New York trading. The broader crypto market also climbed, with the total valuation up about 5% to $1.44 trillion, according to CoinGecko pricing.