Bitcoin Regains $27K, Ethereum, Dogecoin Soar Despite SEC Lawsuits Against Binance, Coinbase: Analyst Foresees $42K Move For Apex Crypto

Cryptocurrency investors saw a much-needed respite on Tuesday despite the Securities and Exchange Commission (SEC) filing lawsuits against Binance and Coinbase (NASDAQ:COIN). Major cryptocurrencies experienced a noticeable spike, shedding off some of the selling pressure that had engulfed the market in recent weeks.