$40B Gone From Crypto Markets as Bitcoin Drops Below $41K (Market Watch)
The entire crypto market has turned red today after the recent weekend stagnation.
The entire crypto market has turned red today after the recent weekend stagnation.
Dogecoin is among the few altcoins with impressive gains over the past 24 hours.
BTC's troubles continue even though the asset remains above $41,000.
Bitcoin's price is dropping toward $40K as the broader market is also cooling down following the ETF approval last week.
Most altcoins are deep in the red as well, with losses of more than 5% from the likes of SOL,
FLR has soared the most from the top 100 altcoins, but the market is overall quite stagnant.
LINK has presented gains of around 5% while the rest of the market sits quietly.
The metric has declined by more than 3% within a week.
BNB, LINK, and TON have charted the most impressive gains from the larger-cap alts over the past day.
In what appears to e a sell-the-news event, the ETF approvals in the US led to price declines for BTC.