Why Cardano, Polkadot, and Crypto.com All Plunged Today

Cryptocurrencies are down across the market today and altcoins are taking the brunt of the drop. Smaller cryptocurrencies are typically more volatile than their larger rivals, and that can lead to some big moves. 

As of 3:20 p.m. ET, in the last 24 hours Cardano (CRYPTO: ADA) was down as much as 3.6%, Polkadot (CRYPTO: DOT) fell as much as 7.3%, and Crypto.com Coin (CRYPTO: CRO) dropped 5.5%. Over the last week, these cryptocurrencies are down 5.8%, up 0.6%, and down 7.4%, respectively. 

Image source: Getty Images.

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Source Fool.com