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.
USA is only very small part of the crypto space , so do with binance.
Nothing to worry unless if it's china. There might be a quick flash impact but hey we've been through such conditions for years now and those events makes crypto even more stronger than ever , people would aware how useful cryptocurrency in support their daily activity and it's just the matter of the time. We will see , SEC actions mean nothing as they against the world, no way ... no chance crypto future in jeopardy moreover to fall apart by this trifling minor events.