The #market took a beating over the past 24 hours, and certain altcoins performed a lot worse than others.......

A lot of the worst-performing #cryptocurrencies were also named in the lawsuit that the US Securities and Exchange Commission filed against Coinbase. The agency alleges that they are securities. These include Cardano’s ADA, Solana’s SOL, NEAR, Polygon’s MATIC, and so forth.

#bitcoin is down 3.4%, while #Ethereum – 5.7%. Even though both of them decreased, it’s nowhere near the 20% decline that the above #altcoins are charting.