Crypto market sees sharp decline: A rough Thursday for investors
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Cryptocurrency markets witnessed a sharp downturn on Thursday, December 19, 2024, as major digital assets experienced significant price drops.
The unexpected crash left many investors scrambling as they saw the value of their holdings plummet.
Bitcoin and Ethereum Lead the Decline
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, saw its price dip by over 4.6%, falling to $98,877. Ethereum (ETH), the second-largest digital asset, was hit even harder, dropping 9.02% to $3,511.78.
Other prominent cryptocurrencies also faced steep losses, with Binance Coin (BNB) declining by 6.05% to $670.68, XRP shedding 7.66% to $2.29, and Cardano (ADA) plunging 14.32% to $0.895.
Dogecoin (DOGE), often…
