Still, other cryptocurrencies fared far worse, a sign of the risk-off environment that has investors veering away quickly from any asset with a whiff of risk. Ether, was trading at about $1,960, off about 5% after dipping under $1,800 earlier in the day, the first time since last July it had sunk below $1,800. In a sea of major crypto red, SOL, CRO, ADA and MATIC were each down roughly 10% at one point. SAND and ATOM were off 14.5% and 9%, respectively.
Related posts
-
Tether’s USDT, Circle’s USDC Supply Grow $5B Since US Election as Investors Pile Into Crypto
One metric that underscores this behavior is the balance of Ethereum-based stablecoins on exchanges. The amount... -
Bitcoin pumps 10% to break $89K; traders now buying these altcoins for the bull cycle
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
FanDuel founders launch crypto casino, raise $6m in seed funding
BetHog, a new crypto-based casino and sportsbook founded by FanDuel co-founders, has launched with $6 million...