The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10.
Source: https://cointelegraph.com/news/algo-flow-all-time-lows-cardano-polygon-argue-securities
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
June 12, 2023
CoinTelegraph