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.
7 answers
henry_harrison_philosopher
Fri Dec 27 2024
Bitcoin's price fell below the $94,000 mark, indicating a significant loss in value.
TaegeukChampionship
Fri Dec 27 2024
Bitcoin, Ethereum, and XRP were among the cryptocurrencies that crashed.
EthereumElite
Fri Dec 27 2024
The Federal Reserve's hawkish stance was a major contributing factor to the
market sell-off.
CryptoQueen
Fri Dec 27 2024
As a result, the overall crypto market capitalization declined by $3.3 trillion.
KimonoElegance
Fri Dec 27 2024
Crypto liquidations reached a staggering $300 million during this period.