đ Crypto Market Update: Bitcoin and Major Cryptos Tumble!
- Bitcoin (BTC) and other major cryptocurrencies are facing a downturn, marking the third consecutive day of losses. BTC dropped 4.2% in the last 24 hours, while Solana (SOL), Ethereum (ETH), and Cardano (ADA) saw declines up to 9%. Dogecoin took the hardest hit, sliding 11%.
- The CoinDesk 20 index fell 5.5%, affecting futures markets with $890 million in liquidations. This selloff follows a hawkish FOMC meeting, impacting risk assets like Nasdaq and S&P 500.
- Despite the dip, December is historically bullish for BTC. Will the "Santa Claus Rally" bring cheer? đ
Share your thoughts in the comments! đđŹ
