Skip to content
Latest
NewsVideoPodcastsTrending
Sign inBitcoinEthereumAltcoinsDeFiNFTsRegulation
CoinGape

Why are Bitcoin, Ethereum and Solana Price Crashing Today?

By Muthoni Mary

The crypto market is dropping today as a weak sentiment push risk assets lower. Bitcoin (BTC) was trading at $74,872 at the time of writing, while Ethereum (ETH) and Solana (SOL) prices had dropped to $2,120 and $86, respectively, at the time of writing. Four reasons ranging from weakening demand from institutions,…

Read Original Article

Explained in this story

Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

More about Bitcoin
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

From the blog