Crypto Market Crash: 5 Reasons Why Bitcoin & Altcoins Dropping Today
coingape.com 03 August 2024 20:51, UTC
Today’s cryptocurrency market has witnessed a dramatic downturn, with Bitcoin (BTC) plummeting and Ethereum (ETH) extending below $3,000. Furthermore, other altcoins also suffered a similar trajectory. In addition, fear, uncertainty, and doubt (FUD) mounted owing to fears of recession. Here are the five reasons for today’s crypto market crash: