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Consensys announced on the X community that the SEC's enforcement department has notified the company that it will end its investigation into Ethereum 2.0. In other words, the SEC is no longer investigating whether Ethereum is a securities transaction. However, Consensys emphasized that although this is great news for the cryptocurrency industry, it is not a complete victory. There are still many blockchain development teams suffering under the SEC's aggressive enforcement, and there is still a long way to go in the future.
Are there any clues as to why Bitcoin and Ethereum are falling?
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The combined value of Bitcoin and Ethereum accounts for about 70% of the total cryptocurrency market