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Declines in Ethereum and Altcoins Started to Accelerate!.
Altcoins are having a bad day.
The new week in the cryptocurrency industry did not start well as expected. The fact that the leading cryptocurrency Bitcoin (BTC) continued to push the level of $ 30 thousand caused crypto assets to face seller pressure.
Although, as of now, the leading cryptocurrency Bitcoin (BTC) is positioned above $ 30 thousand, the downtrend in the industry may accelerate in the coming hours.
Leading altcoin Ethereum (ETH) has lost 2.7 percent in the last 24 hours. As of now, ETH is trading at $ 1,848.
Giant Altcoins, What's Your Day Like?
When we look at the movements of the most popular products of the crypto money industry as of today, it is clearly seen that the sales pressure has started to grow.
Many giant altcoins have lost an average of 2-4% as of today. This decline in fixtures caused altcoins with low market caps to drop by more than 5%.
In the coming hours, the loss of the leading cryptocurrency Bitcoin (BTC) to the level of 30 thousand dollars will cause the blood loss in altcoins to grow.
As of now, although the bulls are still protecting $ 30,000, it should be noted that these situations may change in the coming hours.
It is recommended to minimize the amount of risk in crypto investments before Eid al-Adha.
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