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Solana (SOL) stood out among altcoins with a 7.3% drop and landed at $117.06. Crypto.com Coin (CRO) closed at $0.10 after a 7.3% shift. XRP fell 3.5% to $2.04. Meanwhile, Binance Coin (BNB) also had a quiet day, hovering at $595.21.
In a broader context, Solana (SOL) faced strong headwinds, slipping 15.5% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
Florian Glatz, a blockchain lawyer, has suggested that 2024 may mark the peak of "skeuomorphism" in the cryptocurrency sector.
The Bank of England has released the minutes from its Financial Policy Committee (FPC) meetings held on April 4 and 8, 2025.
Therese Chambers, joint executive director of enforcement at the Financial Conduct Authority (FCA), said that the agency is "engaging with" government, industry, consumers, and regulators to enhance oversight of cryptocurrency and market abuse.
The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Timebtc Group, which is offering financial, investment, and cryptocurrency services without the necessary authorization.
The Comisión Nacional del Mercado de Valores (CNMV) announced it had issued warnings about unregistered financial and crypto entities operating without proper authorization.
The Autorité des Marchés Financiers (AMF) has announced its adherence to the European Banking Authority's (EBA) guidelines on restrictive measures for crypto-asset service providers, aimed at combating money laundering and terrorism financing.
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