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Crypto prices stabilize after plunging on SEC crackdown jitters
Crypto prices are showing signs of stabilizing Monday after a sharp market sell-off last week sparked by the U.S. Securities and Exchange Commission suing Coinbase and Binance for securities violations. Over the last 24 hours, some tokens have continued dropping but at a much slower pace, while some are recovering at single-digit percentages, signaling that prices are firming at the start of the new week. Cardano’s coin, the world’s seventh most valuable cryptocurrency, rose more than 1% in the last 24 hours while Ripple’s XRP, ranked sixth, is up almost 1%, according to CoinMarketCap. Meanwhile, Binance’s ... (full story)