Bitcoin plunged to a six-month low of $91,545 on Tuesday morning in Asia, breaching key support. Ethereum also slipped below $3,000, highlighting widespread market weakness.
The crypto downturn aligned with traditional markets, which endured their worst session in a month.
Bitcoin's 3.21% daily loss on November 17 brought its value down by 27% from its October all-time high. Ethereum posted a deeper 4.22% fall to $2,978. Major altcoins also saw sharp weekly declines. Solana tumbled 22.51%, XRP slid 16.73%, and Cardano fell 22.12% over the seven-day period.
Losses extended beyond crypto. The
The crypto downturn aligned with traditional markets, which endured their worst session in a month.
Bitcoin's 3.21% daily loss on November 17 brought its value down by 27% from its October all-time high. Ethereum posted a deeper 4.22% fall to $2,978. Major altcoins also saw sharp weekly declines. Solana tumbled 22.51%, XRP slid 16.73%, and Cardano fell 22.12% over the seven-day period.
Losses extended beyond crypto. The
1 month ago
