Summary
- Altcoins are experiencing the most severe crash since the Luna incident, according to Bravos Research.
- Ethereum (ETH) fell by 9.48% compared to the previous day, showing weakness as the leading altcoin.
- Most of the top altcoins by market capitalization showed a downward trend, according to CoinMarketCap.
The cryptocurrency market is showing overall weakness today. The decline in altcoins is particularly pronounced.
On the 10th (local time), Bravos Research announced via X (Twitter) that "today's weakness is the biggest crash of altcoins since the Luna (LUNC) incident."
Ethereum (ETH), the leading altcoin, plummeted 9.48% compared to the previous day, while other coins including Ripple (XRP), Binance Coin (BNB), Solana (SOL), and Cardano (ADA) all declined as well.
According to CoinMarketCap, among the top 100 altcoins by market capitalization, all except Mantra (OM), Mantle (MANTLE), DeXe (DEXE), Story (IP), and Movement (MOVE) recorded declines compared to the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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