The global crypto markets witnessed a sharp downturn, driven by prevailing negative sentiments among traders. Bitcoin (BTC) experienced a notable drop, temporarily hitting a low of $65,500 before recovering modestly to around $67,085.
Ethereum (ETH) was not spared either, seeing a substantial decline from around $2,563 to approximately $2,471, representing a loss exceeding 7%.
Solana, another major cryptocurrency, also suffered losses amidst the market turmoil. This widespread downturn reflects a challenging period for the crypto sector as investors grapple with uncertainty.
Source: thenewscrypto.com ↗