Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)

  • BTC fell to its lowest position since January 24 and lost $6,000 in value in a few days
  • The alternative coins are in an even worse shape, with massive price losses from Terra, MATIC, CRO, and others
  • Ethereum leads this adverse trend with a 4.5% daily drop
  • Binance Coin has lost a similar percentage and now sits below $360
  • Ripple, Solana, Cardano, Polkadot, Dogecoin, Avalanche, Shiba Inu, and NEAR Protocol are also deep in the red
  • For the second consecutive day, Terra is the most significant loser from the larger-cap alts
  • LUNA has lost another 13% of value and now struggles beneath $65
  • MATIC, Shiba Inu, and CRO have lost substantial chunks of value as well
  • Most other lower- and mid-cap alts are in the red as well
  • The crypto market cap has plummeted below $1.6 trillion for the first time in months
bears cover 1 Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch)
Bloodbath Continues as Bitcoin Dumped to Lowest Price Since January (Market Watch) 2

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