horrible! Due to SEC, many cryptocurrencies plummeted by more than 30% in one day 🤯

Affected by the U.S. SEC's enforcement actions that regard most tokens as securities, tokens such as Solana, Matic, Cardano and Avalanche plunged more than 30% over the weekend. In addition, Robinhood announced that it will delist Solana from June 27. , Cardano and Polygon have been removed from their platforms and will force liquidation of related positions at the end of the month.

Additionally, a fake news article/picture about a purported cryptocurrency hedge fund being in liquidation added to the FUD sentiment in the market, with BTC falling below $26,000 and ETH approaching $1,750.

$MATIC #Robinhood #Polygon #BTC $ETH