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Why Polkadot, Solana, Binance Coin, and Cardano All Plunged Today


A little air came out of the cryptocurrency balloon today and altcoins are feeling most of the pain. Bitcoin (CRYPTO: BTC) is down nearly 6% as of 3:37 p.m. EDT, but lesser-known coins have fallen more than double digits today. 

In the last 24 hours alone, Polkadot (CRYPTO: DOT) has fallen 8.1%, Binance Coin (CRYPTO: BNB) is off 6.4%, Solana (CRYPTO: SOL) has plunged 9.7%, and Cardano (CRYPTO: ADA) is down 9.3%. 

Image source: Getty Images.

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Source Fool.com

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