The Collapse of the Cryptocurrency Market: 5 Main Reasons Bitcoin, ETH, XRP, and Altcoins Decline

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The cryptocurrency market experienced a strong crash on Monday morning, as the global market capitalization sharply decreased from $3.61 trillion to $3.47 trillion, wiping out nearly $140 billion in less than 24 hours, according to CoinGecko. Observers attributed this sharp decline to various factors shaking investor confidence today. Bitcoin, currently fluctuating around $99,000, has decreased by 5.50%, while Ethereum has dropped to $3,070 and XRP has decreased by 10% to $2.81.

S-7.37%
BTC-3.92%
ETH-4.37%
XRP-6.03%
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