Bitcoin Leads Market Downturn as Altcoins Suffer Significant Losses

Bitcoin’s instability has led to broader downturns across several altcoins. Avalanche (AVAX) and Cardano (ADA) have experienced declines, erasing their 2024 gains and falling to lows last recorded in late 2023. Market-wide bearish sentiment continued to dominate, with the total cryptocurrency market capitalization dropping by 1.63% over the last 24 hours, according to data from

Source: CoinOtag