The top 10 altcoins with the highest investor losses are led by Algorand (ALGO), followed by Sandbox (SAND) and Arbitrum (ARB). These tokens have seen significant declines in their value, with over 90% of ALGO holders experiencing losses. Other notable losers include Axie Infinity (AXS), Chiliz (CHZ), and Cardano (ADA). The overall cryptocurrency market is experiencing a major downturn, with Bitcoin dropping by nearly 5% to below $60,000. Ethereum has also seen a negative trend, declining by 6.65% in the last 24 hours. Despite some positive news, such as a less severe penalty for Binance's former CEO, Changpeng Zhao, BNB has failed to recover and is down 3% for the day. Other major cryptocurrencies like Dogecoin, Shiba Inu, and Solana have also experienced significant declines. Investors are keeping an eye on key economic data and the Federal Reserve's interest rate decision.#altcoins #ScamRickWarning #BTC