Why Bitcoin, Cardano, and Fantom All Crashed This Weekend

Cryptocurrencies sold off over the weekend, with Bitcoin (CRYPTO: BTC) in particular breaking below $50,000 after trading as high as $68,000 less than a month ago -- a 30% drop in under 30 days.

As Monday morning trading opens, Bitcoin prices are down 10.5% over the past 24 hours as of 9:45 a.m. ET -- and it's not even the crypto being hit hardest. Cardano (CRYPTO: ADA) coins are down 18.2%, and Fantom (CRYPTO: FTM) bears the dubious distinction of being the hardest hit crypto of the bunch -- down 31.4%, according to data from CryptoCompare.com.

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Source Fool.com