Crypto Bulls Get Rekt as Ethereum, XRP Fall Harder Than Bitcoin
Bitcoin’s price plunged on Friday to below $95,000 for the first time in six months—but the altcoin market fared far worse, and traders who bet on rising prices are getting wiped out due to widespread liquidations.
Ethereum—the second-biggest digital coin—dipped below the $3,100 mark earlier Fridy and was recently trading for about $3,200 after a nearly 7% 24-hour dip. That makes it one of the worst-performing major cryptocurrencies of the day, according to CoinGecko data.
The coin’s price is now more than 35% below its August record of $4,946.
An even bigger loser, though, has been Solana: After dropping more than 8% over a 24-hour period, the coin was priced at $142 Friday morning New York time.
The Solana price…
