SEI, Fantom and SUI emerge as top gainers, while Morocco moves to legalize crypto
- On Tuesday, the cryptocurrency sector valuation tumbled toward $3.05 trillion, down by $300 billion in the last 48 hours.
- The crypto market is on course to register two consecutive losing days for the first time since Trump’s re-election on November 5.
- Crypto market liquidations hit $570 million, with the $460 million in long positions already closed accounting for 80% of the losses.
Altcoin market updates: SEI, Fantom and SUI emerge as Bitcoin and Ethereum stumble
On Tuesday, BTC price struggled at the $93,000 support, while Ethereum fell 7% from $3,546 to $3,300. As BTC and ETH led the crypto market losses, mid-cap altcoins received considerable demand.
Driven by uncorrelated bullish catalysts,…
