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- 🚨 Top Crypto Headlines You Can’t Ignore!
🚨 Top Crypto Headlines You Can’t Ignore!
News

In a massive development for the crypto industry, the US Securities and Exchange Commission (SEC) has dropped its case against the Robinhood exchange without any further action. This comes just days after the US SEC agreed to drop the Coinbase lawsuit.

Michael Saylor’s Strategy, formely known as MicroStrategy has resumed its Bitcoin buying spree just a week after halting its BTC purchases and share sales. The company, now operating as “Strategy,” announced the acquisition of 20,356 bitcoins for approximately $1.99 billion.
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Markets

A wave of caution engulfed traders and investors as the week kicked off, primarily as Bitcoin (BTC) price waned back to the $95K level. Ethereum (ETH), Solana (SOL), and XRP prices also tanked 1%-5%, mimicking the flagship coin. The meme coin market also saw prices entering the red zone on Monday.

The S&P 500 index crashed on Friday, and technicals point to further downtrend this week. It dropped by 104 points on Friday, its worst daily performance this year. This article explores how the S&P 500 crash may impact popular coins like Bitcoin, Ethereum, and XRP. Historically, a strong drop in American stocks leads to more downside in the crypto market.