Crypto Market Slides for Second Day as Bitcoin Dips Amid Geopolitical Tensions
Bitcoin, Ethereum, and major altcoins fall as macroeconomic uncertainty continues to weigh on sentiment.
The cryptocurrency market slipped on Wednesday for a second consecutive day, following Monday’s brief rebound, as investors remain cautious after a tumultuous weekend and recent geopolitical developments.
Bitcoin (BTC) is changing hands at $111,000, down 1.5% on the day, while Ethereum (ETH) is trading at $3,987, down 3.3%.
Other top tokens also recorded declines: BNB dropped 3.7% to $1,172 after hitting a recent high of around $1,370 on Monday. Solana (SOL) fell 2.6% to $197, and XRP declined 2.6% to $2.44.
The total crypto market capitalization dropped 2.4% on the day to $3.85 trillion, with Bitcoin dominance at 57% and…
