Why Bitcoin, Ethereum, and Solana Are All Crashing Today
The explosion of cryptocurrency prices seems to have come to an abrupt halt late on Monday night as a broad crypto sell-off commenced. As of 11 a.m. EST on Tuesday, every major cryptocurrency was down big, with some trading 10% lower in the past 24 hours.
Bitcoin (CRYPTO: BTC) is the biggest and most notable move in the world of cryptocurrency, falling 5.8% in the past 24 hours. After peaking at about $69,000 last week, the value of a Bitcoin fell below $59,000 briefly early Tuesday morning.
Ethereum (CRYPTO: ETH) is down 8% in the past day, falling over 10% briefly this morning. It's down 10.8% in the past week. Solana (CRYPTO: SOL) is down 6% in the past 24 hours and has fallen 9.1% in the past week. Dogecoin (CRYPTO: DOGE), which is the king of meme coins, is down 6.5% in a day and 14.5% in the past week.
Source Fool.com
