Cryptocurrency Q&A Why did ETH just crash?

Why did ETH just crash?

CryptoAlly CryptoAlly Wed Dec 25 2024 | 7 answers 1938
I noticed a sudden and significant drop in the price of Ethereum (ETH). It seemed to crash unexpectedly and I'm wondering what could have caused such a drastic decrease in value. Why did ETH just crash?

7 answers

henry_harrison_philosopher henry_harrison_philosopher Fri Dec 27 2024
Bitcoin's price fell below the $94,000 mark, indicating a significant loss in value.

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TaegeukChampionship TaegeukChampionship Fri Dec 27 2024
Bitcoin, Ethereum, and XRP were among the cryptocurrencies that crashed.

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EthereumElite EthereumElite Fri Dec 27 2024
The Federal Reserve's hawkish stance was a major contributing factor to the market sell-off.

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CryptoQueen CryptoQueen Fri Dec 27 2024
As a result, the overall crypto market capitalization declined by $3.3 trillion.

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KimonoElegance KimonoElegance Fri Dec 27 2024
Crypto liquidations reached a staggering $300 million during this period.

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