REASON BEHIND CRASH ‼️The crypto market is witnessing a significant decline, with most top cryptocurrencies showing steep losses over the past 24 hours. #Bitcoin has fallen by -3.37%, trading around $84,123.38, while #Ethereum is down -6.55% at $1,876.46, reflecting strong selling pressure. Binance Coin (BNB) also dropped by -1.82%, sitting at $625.62, indicating that even large-cap assets are not immune to the downturn.
Altcoins are suffering even heavier losses, with #XRP (-6.74%), #Solana (SOL, -5.80%), Cardano (ADA, -4.55%), and PEPE (-9.37%) all showing significant drops. Dogecoin (DOGE) is also down by -6.23%, trading at $0.18026, reflecting a broader market correction. However, amidst the downturn, TUT emerged as the sole gainer, soaring by a staggering +239.49%, standing out as a rare winner in an otherwise bearish market.
The overall sentiment suggests caution, as investors react to the sharp price corrections. If the bearish momentum continues, further declines could be expected across the crypto space, potentially dragging major support levels down.
$ETH $BTC $SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.