𝐀𝐥𝐭𝐜𝐨𝐢𝐧 𝐓𝐫𝐞𝐧𝐝: 𝐌𝐚𝐫𝐤𝐞𝐭 𝐖𝐞𝐚𝐤𝐧𝐞𝐬𝐬 𝐄𝐯𝐢𝐝𝐞𝐧𝐭 𝐀𝐜𝐫𝐨𝐬𝐬 𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐂𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬
The cryptocurrency market experienced significant losses today, highlighted by Ethereum's ($ETH) decline of -1.57% to $3,795. This bearish trend was mirrored by other notable altcoins such as Solana ($SOL), Ripple ($XRP), Dogecoin ($DOGE), and Shiba Inu ($SHIB).
𝐄𝐭𝐡𝐞𝐫𝐞𝐮𝐦 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞
Despite an increase in the number of daily active users on its network, Ethereum's 24-hour trading range fluctuated between $3,761.78 and $3,865.93, indicating no significant upward momentum.
Broader Altcoin Market Decline
In line with the general market downturn, other prominent altcoins also experienced losses. The weakness across these cryptocurrencies underscores the prevailing bearish sentiment in the market.
Key Takeaways
Ethereum ($ETH) dropped -1.57% to $3,795.
The 24-hour trading range for $ETH was $3,761.78 to $3,865.93.
Other major altcoins ($SOL, $XRP, $DOGE, $SHIB) also followed the downward trend.
#Cryptocurrency #Ethereum #Altcoins #MarketTrends #BearishMarket