Bitcoin, altcoins at risk as S&P 500 hits death cross
Bitcoin and other top altcoins may be at risk as American equities continue their downward trend.
Bitcoin (BTC) has dropped from the year-to-date high of $109,300 to a 2025 low of $77,396.43 on March 10.
Similarly, Ethereum (ETH) has plunged below $1,900, while Ripple (XRP) and Cardano (ADA) have fallen to $2.1 and $0.65, respectively.
Most altcoins have crashed this year, with the closely watched altcoin season index moving to 15. The crypto fear and greed index has dropped to the fear zone of 25, while the market cap of all coins has dropped by over $1 trillion.
US equities have slumped this year
The crypto market and its top players like BTC, XRP, ETH, and ADA may be at risk of a deep dive now that US…
