- Price of BTC is in the $19K range whereas ETH is in the $1.4K range.
- The whole market is in panic as every other cryptocurrency is seen in red.
Crypto market leads Bitcoin (BTC) and Ethereum (ETH) have plunged more than 8% in the last 24 hours. The whole market is in panic as every other cryptocurrency is seen in red. Among the top 20 coins, only the stablecoins are witnessing a green graph.
The fall is continuously declining over time and experts predict it may fall below 10% in the upcoming 24 hours. The current price of Bitcoin is in the $19K range whereas ETH is in the $1.4K range. One major reason for the fall is the wind-down and voluntary liquidation by Silvergate banks.
Bitcoin is in the $19K range after 8 weeks. The last time it was pictured on the level was on Jan 14. Similarly, ETH is also traveling on the same path by leveling up with its 8-week low. Traders and investors are not happy with this price decline.
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