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The $63 million cannabis sector saw a massive 28.35% decline, followed by the abandoned token sector, which dropped by 46.76%, indicating some investors are dumping tokens from dead projects still in their portfolios. Other severely affected sectors include eCommerce ($555M), with an 18.35% decrease, and media ($3.3B), which dipped 16.19%. While the fallout from the SEC lawsuits and market sell-off is still unfolding, the shift in investor sentiment towards more established assets such as Bitcoin and Ethereum may indicate a flight to relative safety in the face of regulatory uncertainty. The current ‘neutral’ rating of the fear and greed index suggests that the market has yet to react to these recent events fully. However, the situation remains fluid, and further developments, such as additional regulatory actions or market shifts, could quickly change investor sentiment and market dynamics. There is little doubt that the crypto market is experiencing significant turbulence due to the recent SEC lawsuits and subsequent sell-off. …