Why Bitcoin, Ethereum, and Solana Are Moving Lower Today
Today, three of the biggest cryptocurrencies, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL), are all trending lower. As of 10 a.m. ET, these three cryptocurrencies have seen declines of 0.6%, 4.6%, and 4.9%, respectively, over the past 24 hours.
It appears a number of catalysts are responsible for this downside move. Increasing regulatory oversight in the U.S., concerns around global crypto mining crackdowns, and overall capital flows into risk assets appear to be driving selling pressure today.
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Source Fool.com
