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Crypto Market Live: Markets Consolidating as BTC, ETH & Others Plunge Hard While PENGU & BGB Prices Surge
The start of the week witnessed an extreme bullish sentiment in the cryptocurrency market, with the Bitcoin price breaking out of consolidation and surging above $107,700 to set a new all-time high. This triggered a massive wave across other altcoins, as more tokens joined the bullish rally and recorded huge gains.
However, the excitement around these assets did not last long, as a sudden plunge has struck the market, with Bitcoin, Ethereum, and others plummeting hard. The price of BTC dropped significantly, while ETH slid below $400.
Source: coinpedia.org
