After the decisive discussion round held by the U.S. Securities and Exchange Commission (SEC) under the title #CryptoRoundTableRemarks, which addressed the future of cryptocurrency regulation, digital markets witnessed a collective decline in most major cryptocurrencies.
In this meeting, strict regulatory trends aimed at controlling the sector and mitigating the risks associated with rapid technological innovations were discussed. The announcement of a radical shift in regulatory policies raised concerns among investors and traders.
As a result, cryptocurrency prices fell collectively:
BTC: a decrease of -2.06%
ETH: a decline of -3.01%
Followed by other currencies with varying losses.
Some experts believe that this decline may be temporary, while others consider it the beginning of a sharp correction phase as scrutiny on the sector continues to tighten.
What do you think?
Do you expect the decline to continue? Or will the market recover quickly?
Share your opinions under the hashtag #CryptoRoundTableRemarks.