SEC’s Decisions Hit Crypto Values Hard 📉
On June 12, 2025, a notable downturn hit the cryptocurrency market, with several leading altcoins like Solana, Dogecoin, Cardano, and Avalanche experiencing significant depreciation. This decline was primarily due to the U.S. SEC's decision to delay crucial spot ETF applications.
The impact of the SEC's decisions has been felt across the market, raising questions about future regulatory measures and their implications for the crypto landscape.
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