BTC, VET, SOL, EOS, FTT By Cointelegraph

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Prime 5 cryptocurrencies to observe this week: BTC, VET, SOL, EOS, FTT

(BTC) worth witnessed a pointy dump to $50,900 on April 18, which some analysts attribute to a drop in hash price and rumors of attainable motion by United States regulators in opposition to unnamed “monetary establishments” alleging crypto-related cash laundering.

Whereas it’s tough to pinpoint a single motive, the sale of roughly $5 billion value of COIN inventory by Coinbase executives might have additionally performed a significant function within the fall. Insider promoting, particularly just some days after a high-profile itemizing is taken into account a bearish signal.

Crypto market information day by day view. Supply: Coin360