Cryptocurrencies drop following week of regulatory crackdown

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Cryptocurrencies drop following week of regulatory crackdown
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Bitcoin and Ethereum lost at least 3% Saturday morning following a week that saw two exchanges sued by the SEC and another delist several tokens.

O'Leary Ventures Chairman Kevin O'Leary discusses his plans to build an oil refinery and reacts to the SEC's lawsuits against crypto exchanges Binance and Coinbase on 'The Claman Countdown.'

Cryptocurrencies were selling-off Saturday following a week that saw lawsuits brought against exchanges and the delisting of some tokens.Ethereum was trading at approximately $1,700 or lower by more than 5%.For the week, Ethereum was trading lower by more than 3%.The latest move to roil the markets on Friday was when Robinhood Markets announced it was delisting Solana, Cardano and Polygon as of June 27.

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