Altcoins Bleed Double Digits as Weekly Crypto Sell-Off Deepens
The crypto market had a rough week as macro pressure, geopolitical tension, and falling tech stocks pushed sellers into overdrive. Bitcoin slipped below $70,000 while Ethereum lost the $2,000 level, wiping out $1.3 billion in 24-hour liquidations.
Altcoins took the worst of the beating. Rain led the drop, falling 36% to $0.037 after a massive $165.66 million token unlock hit the market. Bitway dropped 32% to $0.844 on thin liquidity, and Zcash fell 30% to $944 ahead of an upcoming treasury governance vote. Other major tokens couldn't escape the red either, with Ethena down 19%, Uniswap off 17%, Aave losing 16%, and Pump.fun sliding 14%.
BTCETH ZECENA UNIAAVE
#CryptoMarket #Altcoins #MarketPullback #TradingUpdate #BinanceSquare
The crypto market had a rough week as macro pressure, geopolitical tension, and falling tech stocks pushed sellers into overdrive. Bitcoin slipped below $70,000 while Ethereum lost the $2,000 level, wiping out $1.3 billion in 24-hour liquidations.
Altcoins took the worst of the beating. Rain led the drop, falling 36% to $0.037 after a massive $165.66 million token unlock hit the market. Bitway dropped 32% to $0.844 on thin liquidity, and Zcash fell 30% to $944 ahead of an upcoming treasury governance vote. Other major tokens couldn't escape the red either, with Ethena down 19%, Uniswap off 17%, Aave losing 16%, and Pump.fun sliding 14%.
BTCETH ZECENA UNIAAVE
#CryptoMarket #Altcoins #MarketPullback #TradingUpdate #BinanceSquare
