Crypto market stays flat as Binance faces legal trouble and Citi predicts tokenisation boom

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City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved sideways for yet another week, trading at $28,000 throughout it, with a quick dip to $27,000 being quickly bought up at the beginning of the week. Currently, BTC is changing hands for $28,075. Ethereum’s Ether, the second-largest cryptocurrency by market cap, moved similarly to BTC, trading at around $1,800 throughout the week after recovering from a short drop to the $1,700 level. This week’s headlines in the cryptocurrency space were mostly focused on the U.S. Commodity Futures and Trading Commission (CFTC) filing…

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