Red Day for Crypto: Majority of Coins Sink as BTC & ETH Struggle
The global crypto market fell 2.02% to $2.69 trillion as Bitcoin dropped to $82,397, and Ethereum slid 2.45%.
Trading volume plunged 34.65% to $47.63 billion, with 72% of cryptocurrencies in the red. Cardano led losses among top assets, sinking 4.7%, while WEMIX and SNEK tumbled over 8%. Meanwhile, $159.57 million in derivatives positions were liquidated, mostly long bets on Bitcoin and Ether.
Despite the downturn, Notcoin and TON surged over 14% following Pavel Durov’s passport return. Market sentiment remains cautious amid ongoing volatility.
Clever Robot News Desk 17th March 2025
