BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble

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BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
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Cryptocurrencies the SECGov characterized as securities in recent lawsuits – $BNB, $ADA, $MATIC, $SOL – led a drop on the altcoin market, while $BTC was trading mostly flat. sndr_krisztian reports

Unregistered securities

“Altcoins are under pressure as the SEC has made it clear they will make it nearly impossible for key exchanges to offer them,” Edward Moya, senior market analyst at broker platform Oanda.

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