Crypto News

Market Turmoil: Bitcoin (BTC) Drops to $94,249 The first day of the week saw a significant drop in the cryptocurrency market, with the overall value decreasing by 6.31% in just 24 hours. This resulted in a loss of $1.5 billion in crypto derivatives positions. Bitcoin (BTC), the leading cryptocurrency, struggled to hold onto its value and was trading between $96,800 and $97,000 per coin. However, it briefly plummeted to $94,249, causing panic among investors and setting off a chain reaction of sell-offs. Impact on Altcoins: Ethereum (ETH) and Other Crypto Tickers Follow Suit As is often the case, when Bitcoin (BTC) experiences a sharp drop in value, other altcoins follow suit. Ethereum (ETH), the second-largest cryptocurrency, also saw a decline in its value, dropping by 7.36% in just 24 hours. Other popular crypto tickers such as Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) also saw significant losses, with their values decreasing by 8.09%, 10.27%, and ...