Bitcoin started with a massive crash this weekend, it’s not known what’s affected bitcoin, but it’s ended up with 42k $. Bitcoin has lost 20% of its value recently but bounced from 42k. Currently, BTC is being exchanged for 47k dollars.
Altcoins followed Bitcoin’s crash, and they have lost a massive amount of value this weekend. Popular coins such as ADA, DOT, SOL and other altcoins are affected by Bitcoin’s move. But this has allowed new investors to invest in cryptocurrencies again. After BTC could not hold the 56k, bears have joined this competition again. Analysts are warning people to be careful against the volatility of cryptocurrency exchanges recently.
Ethereum also has suffered from this crash and it has dipped to 3.5k dollars, ETH has lost approximately 20% value this weekend.