The cryptocurrency market is volatile again on Tuesday morning.
The total market capitalization has dropped to $3.04 trillion, down 5-6% in 24 hours. The selling pressure is immense.
Bitcoin has retreated to around $86,000 (down 5-6%), while Ethereum has fared worse, sinking to $2,823 (a drop of 6-10%). Major altcoins are also all in the red.
Trading volume is fluctuating between $135 billion and $262.9 billion, showing a completely bearish trend. Short-term traders seem to be scrambling to adjust their positions.
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0xSoulless
· 4h ago
Are we waiting for the bottom price or an increase?
The cryptocurrency market is volatile again on Tuesday morning.
The total market capitalization has dropped to $3.04 trillion, down 5-6% in 24 hours. The selling pressure is immense.
Bitcoin has retreated to around $86,000 (down 5-6%), while Ethereum has fared worse, sinking to $2,823 (a drop of 6-10%). Major altcoins are also all in the red.
Trading volume is fluctuating between $135 billion and $262.9 billion, showing a completely bearish trend. Short-term traders seem to be scrambling to adjust their positions.