While Bitcoin and cryptocurrency investors were waiting for a possible decision from the SEC, the decline was costly.
While the excitement of a decision from the US Securities and Exchange Commission (SEC) continued in Bitcoin, it almost crashed in the past minutes. Bitcoin price $45,500 Within minutes, with a sharp decline starting from $40,200 decreased to levels.
Along with Bitcoin, major declines were also observed in major altcoins. Ethereum $2,382 from levels $2,070ra While regressing up to BNB from $334 to $293 crashed. In many cryptocurrencies big red candles formed.
With a sharp decline like Binance Even in a major stock exchange, disruptions occurred due to congestion. Some investors stated that they had difficulty closing their positions.
The SEC normally 1 more week Although there is a period, according to some sources to decide today was also expected. However, even though the USA had not yet started the day, the big decline raised suspicions that a possible postponement decision had been taken.
According to CoinGecko data, Bitcoin is experiencing some recovery after the big decline, at the time of writing. from $42,400 is being traded.