Although the crypto money markets started 2023 with a great rise, its rise had stopped with the pressures from the USA. The pressure in the altcoin market after the SEC lawsuits continues at full speed. While US stock markets and other assets continue to rise on July 24, 2023, cryptocurrencies, especially Bitcoin (BTC), are losing value.
While the US stock market continued the day with an increase, the increases in ounce gold and brent oil prices also drew attention. However, the decline in Bitcoin and altcoin prices may be due to pressure from the USA. Recently, Nasdaq’s crypto custody service plans were also halted due to regulatory pressures.
Cryptocurrency markets are falling under the pressure of regulation and SEC, among the top 100 altcoins in terms of market capitalization top 5 coins in that;
- Pepe coin (PEPE) -10.3%
- Compound (COMP) -10.1%
- Toncoin (TON) -8.5
- Sui (SUI) -8%
- Render (RNDR) -6.9
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