Crypto markets fall as SEC Regulatory Crackdown spooks investors

Minor coins sank in a sharp sell-off in the crypto market as one Securities and Exchange Commission cracks down on key exchanges for digital assets, nervous investors.

Cardano’s ADA fell as much as 25% on Saturday before paring the decline, while tokens including Solana’s SOL, Polygon’s MATIC and Avalanche’s AVAX saw double-digit percentage drops.