According to PANews, Bitcoin and Ethereum, two of the most popular cryptocurrencies, have seen a significant drop in their prices. Bitcoin, the leading cryptocurrency, has fallen below the $70,000 mark, currently trading at $69,717, representing a 2.87% decrease within the day.
In addition, Ethereum, the second-largest cryptocurrency by market capitalization, has also experienced a drop, falling below the $3,600 threshold. It is currently trading at $3,591.85, marking a 1.05% decrease within the day. These price drops reflect the volatile nature of the cryptocurrency market, which is subject to rapid changes.