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Crypto Market Crash: Bitcoin Falls Below $60K, Ethereum Breaks Support Of $2.5K!

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By on August 28, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Market Crash: Bitcoin Falls Below $60K, Ethereum Breaks Support Of $2.5K! appeared first on Coinpedia Fintech News

Over the past 24 hours, the crypto market has recorded a drop of 5.74%, from $2.22 Trillion to $2.08 Trillion, a loss of $140 Billion. Moreover, the market leader, Bitcoin price has plunged below the $60K level with a correction of 5.98%. Further, with a trading volume of $41.725 Billion, it has recorded a low of $58,116.75. Following this, the Ethereum price has dropped 8.01% with a 4-hour High/Low of $2,700.15 and $2,401.18. Notably, the altcoin leader is currently valued at $2,480.71.

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Hong Kong Draws Stablecoin Applications from Over 40 Firms

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