Shortly before Asia TradFi markets opened on Tuesday, bitcoin was slogging just above $29,200, roughly flat over the past 24 hours but still stuck in the same narrow range it's been occupying for a week. The largest cryptocurrency by market capitalization sank from a brief early Monday morning high above $29,500 as markets absorbed the latest industry body blow, a U.S. Securities and Exchange Commission (SEC) lawsuit against sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, and wrestled with the fallout from an exploit of stablecoin exchange Curve. Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization.