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coinpedia 2024-08-12 08:08:12

Why the Crypto Market is Down Today? Is This the Beginning of the End for Altcoins?

The post Why the Crypto Market is Down Today? Is This the Beginning of the End for Altcoins? appeared first on Coinpedia Fintech News The crypto market has faced a massive sell-off, largely driven by global factors, macroeconomic events, and technical weaknesses, causing the market cap to drop below $2.05 trillion. Bitcoin and Ethereum each fell over 4%, with major altcoins like BNB, SOL, XRP, TON, and ADA declining by 4-7%. AI and meme coins were hit hardest. Despite …

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