The crypto market seems to have reached a critical turning point where prices are suffering because of regulatory pressure across the space. This ranges from the United States Securities and Exchanges Commission (SEC) suing Binance and Coinbase exchanges, as well as the Ripple case heating up. These factors led to a sharp plunge in prices, which could present a unique opportunity to get into the market. Crypto Market Bleeds Red The days following the heightened regulatory scrutiny have not been easy on the crypto market. As such, most of the digital assets in the space are now nursing massive losses. One example is Bitcoin, which is currently the market leader. Related Reading: SUI Defies Bear Market With 15% Rally, Is A Return To $1 Imminent? Bitcoin lost its footing above the $26,000 which had been serving as support for the bulls. However, the sellers maintain control of the market and this sell pressure has continuously mounted over the last week, making any form of recovery impossible. BTC is now back in the $25,000 territory after falling 2.30% in the last ..
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