Crypto Bloodbath: Bitcoin and Ethereum Plunge to Multi-Month Lows
Crypto Bloodbath: Bitcoin and Ethereum Plunge to Multi-Month Lows
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The cryptocurrency market experienced a significant downturn, with Bitcoin plunging to a six-month low of $91,545 and Ethereum slipping below $3,000. This widespread market weakness reflects broader trends in traditional markets and has erased weeks of previous gains for major digital assets.
Bitcoin plunged to a six-month low of $91,545 on Tuesday morning in Asia, breaching key support. Ethereum also slipped below $3,000, highlighting widespread market weakness. The crypto downturn aligned with traditional markets, which endured their worst session in a month. Market Plunge Erases Weeks of Gains Bitcoin lost 3.21% on November 17, bringing its value