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ADA, DOGE, SOL Dump Hard Again as BTC Slides Below $97K (Market Watch)
The cryptocurrency market has taken a sharp turn for the worse, with Bitcoin (BTC) plummeting below $97,000. As expected, the altcoins have followed suit and are experiencing heavy losses.
After briefly stabilizing yesterday, the price of Bitcoin has reversed course once again, dipping below $97,000. This sudden downturn has led to a cascade effect across the market, with most major assets in free fall.
ADA, DOGE, SOL Dump Hard Again as BTC Slides Below $97K
The altcoin market is experiencing extreme pain today, with Ethereum (ETH) shedding 3.5% to fall below $3,350. XRP has slipped even further, plummeting over 3% to a dismal $2.24.
But the carnage doesn’t stop there – SOL, DOGE, ADA have each taken significant hits of up to 11%, with LINK and SHIB following close behind. In fact, all major altcoins are in the red today, with even more modest losses from AVAX, DOT, XLM, HBAR, APT, ICP, and CRO.
The total cryptocurrency market capitalization has taken a massive hit of over $100 billion, falling to an abysmal $3.46 trillion on CG.
Source: cryptopotato.com
