Crypto Market News: The decision to liquidate crypto holdings by a crypto proprietary trading firm is rumored to be the reason behind the widespread drop in altcoin prices on Saturday. While the Bitcoin price is down by around 4% in the last 24 hours, the global crypto market value currently stands to be $1.04 trillion, registering a 5.74% decrease over the last 24 hours. Among the top cryptocurrencies, Cardano (ADA) and Solana (SOL) lost the most in value, with over 24% decrease in price in the last 24 hours. Meanwhile, whether the crypto market will recover over the weekend or it will drag until next week remains to be seen.
Breaking: Crypto Selloff By Trading Firm Likely Behind Altcoin Crash
coingape.com
10 June 2023 11:44, UTC