The crypto market is deep in the red once again. Bitcoin dropped back down to $21,000, while ETH struggles at $1,400.
Bitcoin’s nosedives continued in the past 24 hours, with the asset dropping to and below $21,000. The altcoins are also suffering, with Ethereum slumping by another $100 and more massive declines from Cardano, Solana, Shiba Inu, Polygon, and Avalanche.It was less than a week ago when the primary cryptocurrency was riding high and tapped a 40-day peak of over $24,000. As news emerged that Tesla had sold a substantial portion of its BTC holdings, though, the asset lost $2,000.
Despite recovering to some extent in the hours that followed, the start of the new week saw more price declines. AsAfter standing there for a bit, BTC took another hit, similar to the previous one, and dumped by another $1,000. As a result, it sank to its lowest price position in a week of under $21,000.Alicia BakeryThis is all you need not to miss any price action in the raging crypto markets.
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