Crypto News

Let's take a closer look at the latest developments in the market. Bitcoin (BTC) Drops Below $35K Bitcoin, the largest cryptocurrency by market capitalization, experienced a sharp drop in its price, falling below the $35,000 mark for the first time since January. This was a significant blow for the leading digital asset, which had been steadily climbing towards its all-time high of $64,000 just a few weeks ago. Ethereum (ETH) Follows Suit Ethereum, the second-largest cryptocurrency, has also seen a considerable drop in its price. The asset fell below the $2,000 mark, marking a more than 50% decline from its all-time high of over $4,300. This decline has been attributed to the overall market sentiment and the recent crackdown on cryptocurrencies by various governments. Crypto Community Responds with #HODL As expected, the crypto community has responded to the market dip with the popular hashtag #HODL, which stands for "Hold On for Dear Life." This term has bec...