+ Follow us On Google
The cryptocurrency market is witnessing a massive selloff, with Bitcoin crashing as much as over 30% from its October all-time high of nearly $126,000. Analysts attributed this fall to profit-booking, slower ETF inflows, and global macro uncertainty. Though Bitcoin and Ethereum are facing huge pressure, altcoins like Internet Computer, Filecoin, Hyperliquid and Aster are surging by up to 17%.
The crypto gainers for the day are Internet Computer with over 16.47%, followed by Aster by over 9.2%, Hyperliquid 5.6%, Monero 3.1%, and MemeCore 1.1%.
Bitcoin, the world’s largest crypto, traded at $89,390 in the afternoon, the lowest level since April.
According to CoinDCX Research Team, “The crypto winter has begun as the Bitcoin price marked an intraday low of around $

News 18 India Business

CNN
The Daily Beast
AlterNet
The List
The Danville Register & Bee Politics