The FUD was very intense and even if the market has recovered a little bit since then the binance coin is still down 15% during the last seven days, so it seems this is not only going to be a difficult week for the market but it would not surprise me if this was a tendency that would remain for the rest of the month, so I think the best thing we can do at the moment is to remain calm and watch the charts, and if at some point the price goes below the current support level then we need to think about buying as much bitcoin as we can.
SEC was rushing to release so many annoucements related to the crypto. It will be so hard for crypto to wake up again. Watching chart will be useless. Buying coins is also involving the more risk at this moment. It's very hard to think if market gonna recover again very soon.
The impact is going to the any crypto in the market.
The SEC is not a barrier for altcoins to sink, altcoins can return to significantly high prices again. this is only negative news that is not prolonged continuously. i saw a twitter post there will be a whale going to buy bitcoin in july. sometimes there are people who want a low price to buy altcoins by means of drama so that the holders are afraid of becoming a bloody market