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The lawsuit filed by the Commodity and Futures Trading Commission (CFTC) against the world's largest trading exchange, Coin An, continues to have a negative impact on the prices of cryptocurrencies. In the past 24 hours, the market value of the industry has lost nearly $34 billion.

According to data from aggregator Coinsecko, the trading price of Bitcoin on Tuesday morning (28th) was $26741, a decrease of 4.60% in the past 24 hours. This week, the top cryptocurrencies in the market fell by nearly 4%.

Technical analysts believe that due to recent regulatory pressure on industry participants, digital assets are experiencing a rebound of nearly 70% - temporarily halted due to rising US interest rates - and may further depreciate in the short term.

Just like Bitcoin, most counterfeit currencies (any cryptocurrency other than BTC) also suffered losses this morning. The worst result comes from BNB Chain (homestay), a native token of Coin An, which has fallen by 6.30% in the past 24 hours, with a trading price of $308 at the time of writing.