Crypto Market Resilience: Bitcoin and Altcoins Show Mixed Performance Amid Sell-Off and SEC Hostilities

The cryptocurrency market capitalization has dropped to its lowest level in over two months, with altcoins such as BNB, ADA, SOL, MATIC, and DOT plunging over 15%. However, Bitcoin has gained 0.8% during the same period. Despite the regulatory environment worsening, derivatives markets show balanced leverage demand, and Tether's premium on OKX stands at 99.8%, indicating balanced demand from retail investors. Bulls should be satisfied, given that the recent regulatory FUD was unable to break the cryptocurrency market capitalization below $1 trillion.