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Bitcoin and Ethereum sink to 3-month lows, but a bigger crypto selloff may be ahead

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CryptoSlate
By Oluwapelumi Adejumo
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Bitcoin and Ethereum sink to 3-month lows, but a bigger crypto selloff may be ahead
Photo / Coverage: CryptoSlateCredit: Oluwapelumi Adejumo
EXECUTIVE SUMMARY

Bitcoin and Ethereum fell to three-month lows Thursday, deepening a cryptocurrency selloff that has erased $550 billion in market value since October. Bitcoin slumped to $71,317, its lowest level since August, while Ethereum briefly fell below $2,000 to touch $1,983. The declines have pushed the broader crypto market's valuation from approximately $2.94 trillion in early… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your

Key Takeaways

  • Bitcoin and Ethereum sink to 3-month lows, but a bigger crypto selloff may be ahead.
  • Bitcoin and Ethereum fell to three-month lows Thursday, deepening a cryptocurrency selloff that has erased $550 billion in market value since October.
  • Bitcoin slumped to $71,317, its lowest level since August, while Ethereum briefly fell below $2,000 to touch $1,983.

Bitcoin and Ethereum fell to three-month lows Thursday, deepening a cryptocurrency selloff that has erased $550 billion in market value since October. Bitcoin slumped to $71,317, its lowest level since August, while Ethereum briefly fell below $2,000 to touch $1,983. The declines have pushed the broader crypto market's valuation from approximately $2.94 trillion in early… Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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