The post Crypto Market Cap Drops Below $1T as Whales Sell BTC and ETH! appeared first on Coinpedia Fintech News
The global crypto market’s capitalization has fallen below $1 trillion due to the sale of Bitcoin and Ethereum by whales. Large holders are believed to be the main reason for the market’s recent volatility, with Bitcoin dropping from $64,000 to around $30,000 and Ethereum falling from $4,300 to $2,000. This selling activity has led to a cascading effect, causing a significant decline in prices. Investors are advised to exercise caution while investing in the market, but the long-term prospects for cryptocurrencies remain positive.
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