Report Predicts SEC Rejection of Bitcoin ETFs, Triggering Crypto Market Selloff But Some Altcoins Show Resilience
• Matrixport report predicts SEC will reject Bitcoin spot ETFs, causing BTC price to drop 20% • Report news triggered nearly $540M in total crypto market liquidations • Altcoins saw biggest liquidations event in 2 years, totaling $373.63M • But BNB, ICP, ARB, and SEI prices survived selloff, gaining 2-10% • Technicals suggest continued upside potential for these four altcoins