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BTC, ETH, and Altcoins: A Market Analysis for February 26, 2024
In today's market roundup, we delve into the chart analyses of Bitcoin (BTC) and various altcoins, including Solana (SOL), Avalanche (AVAX), Tron (TRX), and Polygon (MATIC). Moreover, there is also an overview of the current state of the cryptocurrency market included! 
Crypto payments processor Alphapo has reportedly been robbed of at least $23 million in Ethereum, Tron, and Bitcoin, according to blockchain analyst ZachXBT.
The stolen funds on Ethereum were exchanged for ether and then moved to the Avalanche and Bitcoin networks. The exact amount of stolen Bitcoin remains unknown.
Alphapo's client, HypeDrop, has subsequently suspended withdrawals, noting issues with both withdrawals and deposits of BTC, ETH, and TRX. Despite the situation, HypeDrop assured users that their funds remain secure. 
Tron DAO’s Ecosystem Development Director on Blockchain and More
Over the past year, Tron (TRX) has shown a great performance, with its price rising by 30%. We decided to find out why so we reached out to Tron and had a conversation with Tron DAO’s Ecosystem Development Director David Uhryniak. And here’s what we found out. 
The court has granted Justin Sun additional time to respond to the SEC allegations, pushing the deadline to December 8. The SEC accuses Sun, along with Tron Foundation, Bittorrent Foundation, and Rainberry, of offering TRX and BTT tokens as unregistered securities, infringing upon U.S. legislation. Additionally, the SEC is leveling charges against Sun for manipulating the market value of TRX. 
