Bitcoin has started the day in a negative mood. At press time, the largest cryptocurrency by market cap is trading at $48,323.4 (-2.38%), according to CoinMarketCap.
Chart of the USD/BTC{follow} trading pair from EXANTE
For its part, Ether has fallen to $3,924.81 (-3.34%), while Binance Coin has dropped by 2.01% and is now trading at $526.52.
Yesterday, it was learned the FBI has seized more than 3,870 BTC in a Sony money embezzlement case. The funds were reportedly initially stolen by Rei Ishii, an employee of Sony Life Insurance in Tokyo. The DOJ believes Ishii diverted the $154 million when the company attempted to transfer the money between its financial accounts. "Ishii allegedly did this by falsifying transaction instructions, which caused the funds to be transferred to an account Ishii controlled at a bank in La Jolla, California. Ishii then promptly converted the funds into the cryptocurrency Bitcoin," the regulator has said.
We have also reported the Binance founder doubts the ability of digital government currencies to replace Bitcoin. According to Changpeng Zhao, the emergence of CBDCs will benefit the crypto market, but with a number of caveats.
According to CoinMarketCap’s ranking, 7 currencies on the top 10 are in red.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $2,262,624,044,553.
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