Here’s Why Bitcoin, ETH, SOL, XRP, DOGE Falling Suddenly
The crypto market witnessed a sharp selloff on Monday as $90 million in positions were liquidated within an hour. Bitcoin price slipped more than 1%, whereas Ethereum price dropped nearly 2% due to profit-booking by investors.
Top altcoins such as Solana (SOL), BNB, XRP, Cardano (ADA) also tumbled 2-3% after a massive price rally in the last 24 hours. Meme coins Dogecoin (DOGE) and Shiba Inu (SHIB) plunged 6% in an hour.
While the crypto market seems extremely bullish after pro-Bitcoin Donald Trump’s win in the US presidential elections, some data signals a crash.
Will Crypto Market and Bitcoin Crash Soon?
Coinglass data indicates the crypto market recorded $90 million in…
