Crypto Markets Slump as US Regulatory Crackdown Spooks Investors

Smaller coins plunged into a sharp crypto market sell-off as a National Stock Market Commission The crackdown on major digital asset exchanges unsettled investors.

Cardano's ADA fell as much as 25% on Saturday before paring a portion of the decline, while tokens such as Solana's SOL, Polygon's MATIC and Avalanche's AVAX posted double-digit percentage drops.

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