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Tesla Nukes Altcoin Market, Elon Musk Does Damage Control

source-logo  coingape.com 20 October 2022 03:41, UTC

The crypto market struggles due to a wide variety of macroeconomic factors. The altcoins market in particular faced a major crisis. Ethereum fell by 2% in the last 24 hours and is trading at $1281. Meanwhile, Cardano and Solana fell by 3% and 5% respectively. The Tesla earnings report was an important reason for the poor performance of the altcoins market.

coingape.com