Bitcoin rises above US$26,000; all other top 10 cryptos gain as U.S. regulatory battle rumbles on

Bitcoin gained 1.00% to US$26,074 in the 24 hours to 4 p.m. in Hong Kong. The world’s largest cryptocurrency by market capitalization is up 1.32% on the week, according to CoinMarketCap data.Ether, the world’s second biggest cryptocurrency after Bitcoin, rose 0.64% to US$1,748 in the past 24 hours. However, it is down 3.60% over the last seven days.BNB, the native token of the world’s biggest cryptocurrency exchange Binance, climbed 5.10% to US$235, although it posted 15.11% weekly losses. The gains come after U.S. Republican Congressman Warren Davidson tweeted on Monday that he had filed a bill to restructure the SEC and remove its current chairman Gary Gensler.

Source: Bitcoin rises above US$26,000; all other top 10 cryptos gain as U.S. regulatory battle rumbles on