Bitcoin’s price took another sharp turn for the worse yesterday when it dropped below $60,000 for the first time in well over a month.
Most altcoins are also deep in the red today, with names such as SOL, DOGE, and TON dumping by more than 5-6%.It was less than a week ago – last Friday – when the primary cryptocurrency stood above $70,000 and even challenged $71,000. However, that was short-lived, and external events, like the US Fed’s comments and the rising tension between Iran and Israel, led to massive price declines.
It all started on Friday evening with a drop to $65,000. After recovering a couple of grand on Saturday, BTC dumped later that evening when Iran launched an attack against Israel. The asset fell to $61,000.on Sunday and Monday, but that didn’t last long, and Bitcoin started losing value once again. This culminated yesterday when the cryptocurrencyThis is all you need not to miss any price action in the raging crypto markets.
This trend is led by Dogecoin, which has dumped by over 8%. Toncoin and Solana are next, followed by ADA, AVAX, SHIB, TRX, and LINK.Use this link Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
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