Crypto Market Update
The cryptocurrency market experienced a downturn on Tuesday, with major altcoins plummeting after Bitcoin's dip from $115,800 to $110,280.
According to Coinmarketcap data, top digital assets suffered significantly, with the CMC20 Index declining by 5.95% in the past 24 hours. The global crypto market capitalization also lost 3.90% in that timeframe, reaching $3.74 trillion.
Altcoin Performance
Binance Coin (BNB) dominated the charts, with its price fluctuating wildly, dipping 10%. Meanwhile, Solana (SOL) tested the $200 mark.
Ripple's XRP and SOL options were launched by CME Group, putting them on investors' radars.
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Author's Summary
Crypto market takes a hit, BNB dips 10%, SOL tests $200.