Crypto Markets Lost $80 Billion in a Day as Bitcoin Dumps Below $40K
After a few days of consolidating above the $40,000 mark, bitcoin slipped below that level to a new monthly low. The altcoins are also deep in the red today, with ETH dumping beneath $3,000 and even more substantial price losses from Ripple, Solana, Cardano, Terra, and Polkadot.
The past few days were rather calm in the altcoin market, with little-to-no substantial price movements. Today, though, the situation is mainly different.Ethereum leads the adverse trend with a price decline of almost 5%. As a result, the second-largest cryptocurrency has dropped below $3,000 for the third time this month.Binance Coin struggles at around $400 after a 3.5% daily decrease. Just until yesterday, BNB was close to $420.
Source
@Bitcoin_Ethereum_Altcoins
