"Crypto Market Plunges: Bitcoin and Ethereum Prices Drop Below Key Levels"
TL;DR Summary
Ethereum, Solana, and Avalanche, once star performers, have seen significant losses in the past week, with Ethereum down 14%, Solana down 16%, and Avalanche down 19%. Despite recent dips, long-term holders remain optimistic as SOL is up 239% and AVAX has jumped 64% over the last year. The broader crypto market has taken a hit following Bitcoin's sell-off, with Grayscale's BTC fund conversion into an ETF contributing to the pressure on Bitcoin's price.
- Ethereum, Solana Losses Pile Up as Bitcoin Sell-Off Sinks Crypto Market Decrypt
- Bitcoin trims its losses after breaking below $39,000 to lowest level in 7 weeks CNBC
- Bitcoin price falls 15% following launch of ETFs Financial Times
- Bitcoin Prices Have Fallen Below $40,000 as Correction Deepens BeInCrypto
- Google Bard predicts how low Bitcoin might drop after losing $40k support Finbold - Finance in Bold
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