Currencies33544
Market Cap$ 3.48T+0.85%
24h Spot Volume$ 60.69B+16.4%
DominanceBTC60.32%-0.18%ETH9.05%+1.51%
ETH Gas3.19 Gwei
Cryptorank
MainNewsRUNE, $BSV, ...

RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next?

RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next?
  • In a widespread crypto sell-off, RUNE and ETC plunged 20%, dropping to $4.05 and $23, respectively.
  • BSV’s value tumbles to $74.69, marking a 23% weekly drop and sliding to 47th in market cap rankings.
  • LDO’s bear rally deepens, falling 18% in a week to $3.04, despite a 115.5% surge in the past three months.

The cryptocurrency market experienced a notable downturn this week, with major digital assets like Bitcoin and Ethereum seeing significant drops in value. This trend extended to various altcoins, including THORChain (RUNE), Bitcoin SV (BSV), Ethereum Classic (ETC), and Lido DAO (LDO), all of which recorded a 20% decline in their respective valuations over the past seven days.

Grayscale’s activities have influenced the recent crypto market fluctuations. The investment firm transferred 9,840 BTC, valued at approximately $418 million, to Coinbase Prime. This move was part of a series of transactions to manage ETF redemptions, totaling over $1.7 billion in BTC since January 12. Alex Thorn, head of research at Galaxy, highlighted these significant outflows, noting the impact on the broader market.

THORChain (RUNE)

THORChain’s RUNE token, after a period of …

The post RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Isn’t the Anticipated Altcoin Season Here Yet? Analysts Explain the Real Reason

Why Isn’t the Anticipated Altcoin Season Here Yet? Analysts Explain the Real Reason

Cryptocurrency analysts shared the reasons why the anticipated altcoin season has not...
Ethereum Outshines Bitcoin and Solana in 24-Hour Gains Amid Volume Surge

Ethereum Outshines Bitcoin and Solana in 24-Hour Gains Amid Volume Surge

Over the last 24 hours, Ethereum (ETH) performed better than Bitcoin (BTC) and Solana...
MainNewsRUNE, $BSV, ...

RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next?

RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next?
  • In a widespread crypto sell-off, RUNE and ETC plunged 20%, dropping to $4.05 and $23, respectively.
  • BSV’s value tumbles to $74.69, marking a 23% weekly drop and sliding to 47th in market cap rankings.
  • LDO’s bear rally deepens, falling 18% in a week to $3.04, despite a 115.5% surge in the past three months.

The cryptocurrency market experienced a notable downturn this week, with major digital assets like Bitcoin and Ethereum seeing significant drops in value. This trend extended to various altcoins, including THORChain (RUNE), Bitcoin SV (BSV), Ethereum Classic (ETC), and Lido DAO (LDO), all of which recorded a 20% decline in their respective valuations over the past seven days.

Grayscale’s activities have influenced the recent crypto market fluctuations. The investment firm transferred 9,840 BTC, valued at approximately $418 million, to Coinbase Prime. This move was part of a series of transactions to manage ETF redemptions, totaling over $1.7 billion in BTC since January 12. Alex Thorn, head of research at Galaxy, highlighted these significant outflows, noting the impact on the broader market.

THORChain (RUNE)

THORChain’s RUNE token, after a period of …

The post RUNE, $BSV, $ETC, $LDO Plunge 20% in 7 Days; What is Next? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why Isn’t the Anticipated Altcoin Season Here Yet? Analysts Explain the Real Reason

Why Isn’t the Anticipated Altcoin Season Here Yet? Analysts Explain the Real Reason

Cryptocurrency analysts shared the reasons why the anticipated altcoin season has not...
Ethereum Outshines Bitcoin and Solana in 24-Hour Gains Amid Volume Surge

Ethereum Outshines Bitcoin and Solana in 24-Hour Gains Amid Volume Surge

Over the last 24 hours, Ethereum (ETH) performed better than Bitcoin (BTC) and Solana...