Although BTC and most altcoins have charted double-digit losses over the past 24 hours, CryptoQuant’s analysts warn that there might be even more volatility in the following hours as the US stock market is about to open for trading.
The altcoins have taken an even worse beating, with ETH plummeting from over $3,000 to $2,200, while many others, like SOL and DOGE, have posted 30-40% drops.to the US. After all, it all started following Friday’s job report in the US that showcased a weak economy and record-setting unemployment rates.
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