Dogecoin and Solana lead the crypto majors’ plunge as Bitcoin falls below $66,000.
Major coins fell in Tuesday’s Asian trading session amid continued profit-taking and another round of net outflows from U.S.-listed Bitcoin exchange-traded funds (ETFs) on Monday, which weighed on bullish sentiment in the market. Bitcoin (BTC) fell to nearly $66,500, reversing all of Monday’s gains, while Ethereum (ETH) fell to $3,400, reversing all of last week’s gains. BTC is currently hovering around the 50-day moving average of $66,000, testing a medium-term uptrend. Meanwhile, BTC ETFs recorded $145 million in net outflows, extending last week’s lackluster performance. Major coins Dogecoin (DOGE) and Solana’s SOL led the decline with losses of up to 9% in the past 24 hours, according to Coingecko data. TON Network’s TON fell 5%, while BNB Chain’s BNB fared slightly better, falling only 1.5%.
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