Is the Crypto Market About to See a Massive Downturn?
From fool.com
The crypto market swooned over the weekend. From Friday morning to Monday evening, Dogecoin fell 13.5% and Solana took an 11% hit. More stable names still suffered; Ethereum dropped 8.5% in this four-day span while Bitcoin saw a 3.8% price cut. In a way, Ethereum's and Bitcoin's smaller moves made larger waves. Ethereum's extended weekend slide erased $46.4 billion from its total market value -- more than the entire worth of all Dogecoin. Bitcoin's market cap cut landed at $87.8 billion, nearly reaching Solana's whole value. The broad crypto retreat was fueled by two intertwined events. • Many crypto traders cashed ...
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