Crypto Market Decline: Ethereum and XRP Lost Over 16%

Sharp Decline in the Cryptocurrency Market

Bitcoin has fallen below the 100,000-dollar level to around 96,600 dollars as a result of a widespread market sell-off. This drop has caused anxiety among investors.

Major cryptocurrencies like Ethereum, XRP, and Solana have also experienced losses ranging from 8% to 16% during this period. In addition to long-term investors selling, the slowdown in inflows to exchange-traded funds (ETFs) has further negatively impacted market conditions.