The US just banned altcoin trading ,This is not good news for cryptocurrencies at all.

From the beginning of 2022, the collapse of the cryptocurrency market began. In view of which btc lost its highest price and fell to 16 thousand dollars. Ethereum also touched 30% of its peak price. And most of the tokens in the cryptocurrency market eventually fell in price.

 Cryptocurrency prices improved slightly around April-May 2023, but people remained somewhat skeptical about the market.
 In the meantime, the US has banned altcoin trading. Which bodes ominously for the future of cryptocurrency.

Do you think the US banned altcoin trading to sue Binance, or is there another reason?
Is the future of cryptocurrency in jeopardy?

Source: https://twitter.com/cryptomanran/status/1667431872333332481?t=0STo6Hty7Oao6xN8Dwu6xg&s=19