Crypto Markets Lost $80B as Bitcoin Dumped to 40-Day Lows (Market Watch)

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The crypto market cap has slumped below $1.8 trillion as bitcoin, and almost all altcoins, registered new price drops.

After failing to reclaim $40,000, bitcoin took another hit and dumped once more to its lowest price point in over a month. The alternative coins are also in bad shape, with Ethereum sliding to $2,800, Solana breaking below $100, and many other examples.It’s safe to say that the past several days didn’t go all that well for the primary cryptocurrency. It all started on April 21 when the asset tried its hand at taking down $43,000 but failed in its tracks.

to $40,000 hours later. However, that was not all as the adverse price developments continued.tried to recoverAs such, it dropped to $39,000 before going further down to just over $38,000 a few hours back. This became its lowest price tag since March 15. As of now, it has reclaimed a few hundred dollars, but it’s still more than 3% down on the day.This is all you need not to miss any price action in the raging crypto markets.

 

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