BTC, FTT, XTZ, KCS, HNT By Cointelegraph

Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT

(BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are firmly held in a vice grip and the selling accelerated following a higher-than-expected inflation report from the United States on June 10.

It is not only the crypto markets that are facing the brunt, even US equities markets finished the week ending June 10 with sharp losses. Risky assets may remain volatile in the near term as traders await the outcome of the US Federal Open Market Committee meeting on June 14 and June 15.

Crypto market data daily view. Source: Coin360