Crypto Price Today: Bitcoin falls below $26,500; BNB, Solana shed over 6%

The cryptocurrency markets were trading in the red on Thursday. Bitcoin (BTC) fell 2% to $26,432, whereas Ethereum (ETH) was below the $1,850 level.

“Bitcoin experienced a drop below the US$26,500 mark amidst SEC filing lawsuit against Binance and Coinbase. Despite attempts, BTC failed to surpass the US$27,000 level again. The current support for BTC rests at US$26,200, with resistance at US$26,600. If the immediate resistance is successfully overcome, it could propel the price even higher,” Edul Patel, CEO and Co-Founder of Mudrex, said.