The altcoins have been battered even harder, with massive 5-10% losses once again.

The expectations for another dull and boring weekend in crypto didn’t pay off this time, but unfortunately for the bulls, it was the bears who took complete control.

Bitcoin led the nosedive, with a massive crash to $62,000, a level not seen in roughly three months, while the altcoins followed with big losses of their own, including a 2-year low for XRP.

From $81K to $62K in Days

We reported on multiple occasions on the substantial decline experienced since the local peak at $81,000 on November 4 after the conclusion of the US midterms. BTC’s crash began shortly after that high, and…