The crypto market saw another sharp selloff today as nearly $86 billion disappeared from the total market value within hours. The global crypto market cap dropped from around $2.57 trillion to nearly $2.49 trillion, while Bitcoin briefly fell to $74,255, recording a 4% decline over the past 24 hours.

Major altcoins were hit even harder, including Ethereum, Solana, XRP, BNB, and Dogecoin, all of which dropped between 5% and 9% as traders rushed to reduce risk across the market.

SEC Delay Triggers Fresh Market Fear

One of the biggest reasons behind today’s crash was a fresh regulatory setback tied to tokenized stock trading.

Reports suggested the U.S. Securities and Exchange Commission had delayed a proposed framework that could have…