Major cryptocurrencies saw a sharp decline on Sunday as traders grew concerned about the potential selling pressure arising from the bankruptcy of exchange FTX.
Major cryptocurrencies experienced a decline on Sunday amid anticipation over crucial regulatory developments, including the SEC’s ruling on the introduction of a spot Bitcoin ETF in the United States.
Major cryptocurrencies surged on Friday following reports that global financial powerhouse JPMorgan is venturing deeper into the world of cryptocurrencies.
Major cryptocurrencies showed a mixed performance on Tuesday. The initial excitement from the recent ruling, which mandated the SEC to review its rejection of Grayscale Investments’ Bitcoin ETF, has diminished.