Bitcoin charted its lowest price level since Russia invaded Ukraine below $36,000. Some altcoins suffered even more.
As it typically happens when BTC dumps hard, so do the alternative coins. Ethereum is a prime example, as it stood above $2,900 yesterday. Now, though, a 7% daily drop has pushed the second-largest cryptocurrency by around $200 down. Moreover, ETH even dipped beneath $2,700 hours ago.
BNB, Ripple, Terra, Dogecoin, Shiba Inu, and Tron have all lost between 5-6% in the past 24 hours. Even more price drops are evident from Solana , Cardano , Polkadot , Avalanche , and NEAR Protocol . The lower- and mid-cap alts are in an even worse situation. STEPN , Zilliqa , ApeCoin , Waves , Moonbeam , Axie Infinity , Kava , and Fantom have all lost double-digits.
Ultimately, the cumulative market cap of all crypto assets saw $150 billion gone and is down way below $1.7 trillion.
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