Bitcoin Drops to 3-Month Low While Ethereum Takes Harder Hit
Bitcoin has experienced a 3% drop in the past 24 hours, reaching its lowest level in three months. This decline has had a ripple effect on the rest of the digital asset market, with Ethereum also hitting a six-month low. Altcoins like ApeCoin, Sui, and Ripple have also seen significant price decreases. The market slump may be attributed to failed crypto exchange FTX seeking regulatory approval to liquidate billions in digital assets.
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Bitcoin Drops to 3-Month Low While Ethereum Takes Harder Hit
Bitcoin has experienced a 3% drop in the past 24 hours, reaching its lowest level in three months. This decline has had a ripple effect on the rest of the digital asset market, with Ethereum also hitting a six-month low. Altcoins like ApeCoin, Sui, and Ripple have also seen significant price decreases. The market slump may be attributed to failed crypto exchange FTX seeking regulatory approval to liquidate billions in digital assets.