Shock! The altcoin market is back in the red, what are the next steps for investors?
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Yesterday's brief recovery was interrupted as the altcoin market fell again. Ethereum lost ground at $3,500 and fell to $3,350 after a 3.5% daily drop. XRP was blocked before $2.4 and has now fallen to $2.24.
SOL, DOGE, ADA, AVAX, LINK, SHIB, XLM, DOT, HBAR, APT, ICP, AAVE and CRO saw even more severe daily declines, with APT falling as much as 11%.
The total market value of cryptocurrencies fell another $100 billion in one day, with CG data showing a drop to $3.460 trillion.
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