Crypto Markets Steady Despite Regulatory Pressure and FUD.

Crypto prices are stabilizing after a sharp sell-off last week triggered by the SEC's lawsuits against Coinbase and Binance for securities violations. Some tokens are recovering at single-digit percentages, while others are still dropping at a slower pace. The SEC accused Coinbase of operating as an unregistered exchange and broker, while Binance was accused of inflating trading volumes and misleading customers. The SEC Chairman Gary Gensler has been cracking down on crypto firms and exchanges, stating that they need to come into compliance with U.S. securities law.