Bitcoin and other cryptocurrencies have rebounded in price despite recent SEC actions against Binance and accusations of co-mingling assets. The CoinDesk Market Index has risen by 4.8%, driven by AI euphoria and gains among tech giants such as Nvidia, but institutional investors remain cautious about entering the crypto market due to regulatory concerns.
Binance's alleged co-mingling of funds differs from FTX's, as Binance's native exchange token BNB does not make up a significant portion of anyone's balance sheet. The article also includes CSS code for a responsive grid layout and displays the CMI and prices for various assets, including Bitcoin and Ethereum.
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