Crypto Market Downturn: Bitcoin Down 1.33%, Altcoins Hit Hard

Daniel Francis is a seasoned educator and writer specializing in Web3, macroeconomics, and decentralized finance (DeFi). With experience dating back to 2017, he uses on-chain analytics to produce evidence-based reports and guides. Francis holds certifications from The Blockchain Council and aims to provide clear insights beyond market hype.

Meanwhile, the cryptocurrency market is experiencing a downturn, with Bitcoin priced around $77,958, down 1.33%, and Ethereum at $2,468, down 0.87%. Many altcoins like BNB, XRP, and DOGE have also seen significant declines, some exceeding 5%.