$100 Billion Crypto Crash Sends The Price Of Bitcoin, Ethereum, XRP, Luna, Solana, Cardano And Avalanche Into Free FallBitcoin, ethereum and other major cryptocurrencies have suddenly crashed,
wiping around $100 billion from the combined crypto market in mere minutes (and following a serious bitcoin price warning).
The
bitcoin price is down around 5%, with the ethereum price seeing a similar decline.
Ethereum rivals solana, cardano, and avalanche are all down around 3% while Ripple's XRP and Terra's luna are leading the major crypto market lower.
The sudden crash comes amid a
technology company-led stock market sell-off in the aftermath of the Federal Reserve's hawkish 50-basis point interest rate hike.
