Other major cryptocurrencies, including ethereum, Binance’s BNB, solana, cardano and Ripple’s XRP, have also fallen back — losing up to 10 per cent of their value.
These include a fresh crackdown on bitcoin mining in China, the rejection by the US Securities and Exchange Commission of a spot bitcoin exchange-traded fund , and long-term investors selling off to get their cash. “The extreme volatility that the market is prone to could lead to a potential domino effect if more negative news were to emerge and take prices to new lows.”
Meanwhile, Shitcoins are going absolutely mental 😂
I put my super into crypto in September and it’s up 70% even after this “crash” 😄 ,, normal super increases 5.85% p.a on average ,, traditional markets are the worst 🙄
Is media going to report every time there's a normal / healthy correction? lol