Crypto Markets Bloodbath Sees Broad Sell-Off Across All Major Assets

Crypto markets took a pounding on Wednesday evening as losses spread across all major digital assets. The selling pressure intensified throughout the session, leaving many tokens reeling.

Bitcoin led the decline with a 2.04% drop to $84,435.97, followed closely by Ethereum's 2.72% fall to $2,678.35. BNB also declined, dropping 2.76% to $766.39 as the market struggled to find support.

Further down the risk spectrum, losses were even more pronounced. Solana plummeted 3.24% to $114.67, while XRP dropped a staggering 4.45% to $1.50. Cardano also took a hit, plunging 6.27% to $0.24.

The sharpest losses of the session were reserved for Dogecoin and Avalanche. Dogecoin plummeted 7.79% to $0.09, while Avalanche suffered an 8.40% drop to $10.34.