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.
Is the future of cryptocurrency in jeopardy?
Source:
https://twitter.com/cryptomanran/status/1667431872333332481?t=0STo6Hty7Oao6xN8Dwu6xg&s=19 The title of Op looks enticing and it looks like a click bait. When I read the title, I wanted to scroll pass but o decided to have a glance. But Op just misunderstood and threw the whole ongoing drama between Binance and SEC off point.
As the title reads, I was like when did Governments starting banning altcoins specifically. It is either they call it bitcoin ban or cryptocurrency ban. I have never seen a situation they single out on altcoin and ban it unless in the case of privacy coins.
Op, meanwhile altcoin trading isn't banned in US. Read again the link you provided.