Crypto markets were dealt another blow as they continued to retreat on Monday, albeit with values slightly above the lowest seen over the weekend, due to the increasingly stringent regulatory environment set by the United States Securities and Exchange Commission (SEC).Leading cryptocurrencies were on the downturn, as bitcoin (XBT) dropped below the US$26,000 mark and ether (XET) slumped below US$1,750.Last week, the SEC launched lawsuits against two major market entities, Binance Holdings Ltd.
and Coinbase Global Inc.
(COIN).Furthermore, several altcoins, such as MATIC from Solana, Sol, and Cardano's ADA, were targeted as ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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