The crypto market crash gained steam today, February 24, with Bitcoin falling below the crucial support level at $65,000 and nearing its lowest level this month.
Summary
- The crypto market crash gained momentum on Tuesday.
- This retreat coincided with the ongoing risk-off sentiment.
- The retreat happened as the futures open interest continues falling.
Bitcoin (BTC) was trading at $63,000, while top altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL) fell by over 4% in the last 24 hours. The market capitalization of all tokens tracked by CoinMarketCap dropped by 4.23% in the last 24 hours to over $2.18 trillion.
