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The cryptocurrency market witnessed a dramatic plunge in the past hour, with several tokens listed as securities by the SEC experiencing significant losses, leading to over 200 million US dollars in liquidations within just one hour.Notably, &#64;WuBlockchain reports significant losses for SEC-listed tokens, while BTC and ETH demonstrate resilience amidst the turmoil in the crypto market.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/476817107cb64925810b5f8c8833af17.png" />The cryptocurrencies like MATIC, SOL, ADA, FIL, and SAND, after being enlisted as securities by the Securities Exchange and Commission (SEC), suffered substantial declines, with MATIC falling by 25%, SOL by 21%, ADA by 23%, FIL by 17%, and SAND by 20%. While cryptocurrencies like BTC and ETH only experienced a minor drop, the overall impact on the market has been massive. Even some tokens not listed as securities, such as OP, SUI, BSV, and EOS, saw their prices plummet, suggesting a widespread panic among investors.This sudden market downturn has left many questioning the future of cryptocurrency investments and the role of regulatory bodies like the SEC in shaping the market landscape. The SEC&#39;s classification of these tokens as securities has undoubtedly played a significant role in the current price decline, prompting concerns over the potential for further regulatory actions against other cryptocurrencies.Read full article at <a href="https://cryptotale.org/crypto-market-suffers-massive-blow-as-sec-listed-tokens-plummet/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Crypto Market Suffers Massive Blow as SEC-Listed Tokens Plummet

CryptoTale

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