Crypto Market Sell-Off Sees Eight Major Assets Finish in Red

Crypto markets experienced a broad sell-off in the evening session on Wednesday, with all eight major digital assets finishing in the red.

The losses were led by Cardano, which fell 2.17% to $0.18, while Solana declined 1.48% to $75.05 and XRP dropped 1.29% to exactly $1.00.

Ethereum fared relatively better than its peers, incurring a loss of just 0.47% to $1,875.51. Bitcoin, meanwhile, consolidated below the psychologically significant $63,000 level after falling 0.95% to $62,817.30.

The uniformity of losses across the market suggests that traders are taking a cautious approach due to macro-driven concerns, with few willing to commit fresh capital during the evening session.