The altcoins underwent a nightmare during the past week when the SEC sued Binance and Coinbase and also added nearly 20 cryptos to their security list. No sooner than this hit the markets, the altcoins suffered massive selling pressure, dragging the prices lower. Moreover, the US-based exchange Robinhood delisted three major altcoins, Cardano, Polygon, and Solana, as they made it onto the list, which created a fresh wave of bearish pressure.