๐จโ ๏ธ Major News for Altcoins! โ ๏ธ๐จ
All altcoins, except three, are being delisted:
1. Bitcoin ($BTC)
2. Ethereum ($ETH)
3. Bitcoin Cash ($BCH)
Why is this happening? Altcoins are being removed due to their classification as "securities," posing a significant risk to the entire crypto market. Thereโs speculation that the SEC might pressure other exchanges to take similar action, although this remains uncertain. The SEC has already filed similar lawsuits against other platforms.
Gary Gensler, a known critic of many coins on exchanges, is back in the spotlight. With polls showing Harris leading and Gensler potentially eyeing the Treasury Secretary role, his focus on altcoins is unlikely to fade.
This news isnโt shared to celebrate anyoneโs downfall but to keep those affected informed. Stay tuned for further developments.
