Bitcoin failed at $23,500 yesterday and dropped by almost $1,000 in the following hours to mark its lowest price point in about a week.
Most altcoins are also in the red today, with UNI, AVAX, APT, LDO, NEAR, MANA, and FTM charting the biggest daily declines.
After a relatively quiet Saturday and Sunday, bitcoin started to lose value during the early Asian trading hours. It dropped to $22,600 (on Bitstamp), which became its lowest price tag since January 30.
The overall crypto market cap has seen almost $30 billion gone in a day, but it’s still above $1.050 trillion.
(By Jordan Lyanchev)
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