Cryptos Slump Across the Board as Macro Sentiment Takes Hold
Crypto markets endured a brutal morning session on Tuesday, with most major digital assets plummeting as selling pressure swept across the sector.
Bitcoin dropped 3.76% to $64,005.99, falling back below the psychologically significant $65,000 level and raising concerns among bulls who had hoped it could consolidate recent gains.
Ethereum mirrored the weakness, plummeting 3.72% to $1,856.69, as altcoins suffered even steeper losses.
Cardano led declines among the majors, plunging 6.26% to $0.16, while Solana and Dogecoin fell 5.45% to $73.85 and 5.37% to $0.07 respectively.
The scale of losses across so many coins simultaneously points to macro-driven risk-off sentiment rather than any single asset-specific catalyst.