The cryptocurrency market experienced significant declines over the past 24 hours, with major assets such as Bitcoin and Ethereum seeing substantial losses. Bitcoin dropped by 7.7%, while Ethereum fell by 7.9%, reflecting a broader market downturn. Other notable cryptocurrencies, including Linea and Solana, also faced declines of 10.0% and 6.5%, respectively.
In contrast, Checkmate emerged as a rare gainer, rising by 2.0% amidst the widespread market slump. Meanwhile, Sui and Ondo recorded losses of 9.8% and 9.9%, respectively, highlighting the challenging environment for digital assets. The market's volatility underscores the ongoing uncertainty and investor caution in the crypto space.
Cryptocurrency Market Faces Broad Declines, Checkmate Bucks Trend
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
