DOGE, SOL, AVAX Keep Plummeting as BTC Slumps Toward $62K
- The total crypto market cap has lost almost $100 billion daily and $150 billion since Monday.
- Bitcoin experienced positive price movements at the start of the business week but has since lost over $3,000 and struggles to remain above $62,000.
- Many altcoins, including Dogecoin, Solana, and Avalanche, have experienced significant declines of 5% or more in the past 24 hours.
- Bitcoin reached a 12-day peak of $65,500 on Monday but failed to maintain its upward trajectory and has since seen its price drop.
- Most larger-cap altcoins, such as Ethereum, Binance Coin, and Cardano, are also down on a daily scale.
- Lower- and mid-cap altcoins, including WIF, ZBC, JUP, SUI, and FLOKI, have experienced even more pronounced declines.
- The total crypto market cap has dropped to $2.4 trillion, losing $100 billion in a day and $150 billion since Monday’s peak.
- Cryptocurrency charts and market overview provided by TradingView and QuantifyCrypto.