One of the biggest reasons for the pullback in the market SEChas resonated with the only cryptocurrency it has approved so far.
The increasing pressure from the SEC on cryptocurrencies and their exchanges has caused a significant drop in the market. The SEC, which turned the route of the stable market to a downtrend, Stacks (STX) is the only cryptocurrency it has approved It shook the entire altcoin market, except for However, with BTC testing the bottom price of 3 months yesterday evening, in STX sales transactions increased. 7.70% decline in the last 24 hours STX was on the list of top losers of the day. This shows that even the only cryptocurrency approved by the SEC did not remain strong against the market crash.
Stacks (STX) Evaluation
of the SEC BinanceAnd to CoinbaseThe only cryptocurrency that benefits from a lawsuit is Stacks ( STX ), was greatly appreciated. From $0.52 to $0.67 STX rose 28 percent as the altcoin market crashed. Although STX, which has fallen by 35 percent in the last 5 days, is the only cryptocurrency approved by the SEC, Bitcoin ( BTC) and Ethereum ( ETH) could not pass a tooth.
STX, which fell 10.34 percent to $ 0.475 within hours due to BTC slumping below $25,000, can use the $0.44 level it tested a few days ago as the next support level. In the scenario where the uptrend starts, it can be followed to exceed the short-term peak price of $ 0.67.
