Although top cryptos recovered the dip following the SEC suing Binance and Coinbase, many coins have retraced again.
After the SEC sued Binance, Coinbase and several other cryptos exchanges with accusations of selling unregistered securities in the US, crypto prices plunged, with Bitcoin dropping over 7% in one day.
While prices quickly recovered, many top cryptos have once again plummeted. From the peak of its recovery, Bitcoin is down 4.56%. It is also down 1.46% in the past day, 1.66% in the past seven days and 5.07% this month.
Ethereum has also followed a similar path, down 1.77% in 24 hours, 0.97% in 7 days and 0.18% this month.
Although large-cap coins have been sliding, numerous small-cap and presale cryptos have pumped amid the SEC FUD. This should come as no surprise, with coins like GMX pumping multiple Xs in the depths of the last bear market.
yPredict, Ecoterra and Launchpad XYZ are three tokens that are currently…
