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Hello Everyone,
I am good and I hope that you are doing well. Today in this video I have talked about the current market situation after the news update shared by SEC related to the lawsuit against Binance. This news has affected the market negatively and we can see the impact in the prices going down for almost every crypto coin. the Crypto market is driven by news updates so if there is negativity around the same we can see the prices and if more positivity then appreciation can be seen in the market this is how things work in the cryptocurrency market.
I think this is not a surprise about this news because somewhere it was expected as we have seen in the last couple of months how SEC is working. The exchange has already clarified that they are going to provide all the information to the authorities and they will fight the case against SEC because they are not going to give up and they will do whatever is needed.
Its important to track the market update in this situation when there is a lot of negativity and I still believe that crypto is not going anywhere. If you get to see some opportunity or buying then go for it provided you follow the long-term goal because things might take some time to recover.
I hope you like this video and that the information I have provided is helpful for you.
Thank you so much for your time
Have a great day
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