The US ban on altcoin trading can have implications for the cryptocurrency market. While it may create uncertainty, the future of cryptocurrency is influenced by various factors. The industry has faced regulatory challenges before and has the potential to adapt and evolve. Long-term prospects depend on institutional adoption, technological advancements, and regulatory developments. Monitoring the situation and considering the broader context is important. The cryptocurrency industry has the potential to continue growing and transforming sectors of the economy.
But you got it wrong mate as the SEC doesn't stop crypto trading, only some coins that are not registered on them. And this won't affect the entire crypto market and this means that the SEC is trying to help the crypto space by stopping scam projects.
But with the issue of SEC and Binance Exchanges, it is another story. It gives some BNB price drops and also has an impact on the market but still, this is not the basis that the crypto market is dying. It can be solved soon and I know that as Binance don't just let it happen but to protect their business.