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Crypto Markets Bleed $150 Billion in 2 Days as Bitcoin (BTC) Slumps Toward $60K (Market Watch)

  • Bitcoin (BTC) slumped toward $60,000, causing a cryptocurrency market bleed of $150 billion in 2 days.
  • Altcoins like ETH, SOL, LINK, and AVAX also experienced significant price drops of 5-6%.
  • BTC's market capitalization dropped to just under $1.2 trillion, while its dominance over the alts increased to 54.5%.
  • The SEC's decision to appeal a court ruling in the Ripple lawsuit caused XRP's price to tumble by double digits.

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