Market Dumps Ahead of Weekend; Bitcoin Dips to $100K, Ethereum Falls Below $2,500
Following the feud between Donald Trump and Elon Musk, the crypto market took a sharp downturn today, which caused Bitcoin to dip as low as $100,501 during late trading hours in the US session. Accompanying the leader, the majority of the altcoins declined notably, with Ethereum losing the $2,500 ground.
At the time of writing, Bitcoin is trading near $104,060—steadily gaining 3% from the daily low it set earlier today. The 24-hour trading volume of Bitcoin has surged by 51% to $62.79 billion—as of CoinMarketCap data.
After briefly touching the $2,400 mark, the Ethereum (ETH) price bounced with steady gains, but it is still down 5.68% in the past 24 hours. However, the overall bullish sentiment around Ethereum has sustained as it…
