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Crypto Market Correction: Bitcoin Slumps To $58K, Ethereum Retests Its $2.6K Level!

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By on August 15, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Market Correction: Bitcoin Slumps To $58K, Ethereum Retests Its $2.6K Level! appeared first on Coinpedia Fintech News

With the cryptocurrency market failing to hold its bullish sentiment, it has recorded a correction of 3.69% within the past day, from $2.11 Trillion to $2.06 Trillion. Despite a positive CPI data release, the market leader, Bitcoin price has plunged 4.38% and is currently hovering close to its $58,000 level. However, the Ethereum price has sustained its value above the $2.6K mark in spite of recording a drop of 3.99%.

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