In the last 60 minutes, $200,000,000 has been wiped out from the cryptocurrency market. Bitcoin has dropped below $80,000, and Ethereum is now under $1,700 for the first time since August 2023.
Bitcoin is falling faster and is now trading below $79,000, as investors wait for the US stock market futures to open.
Ethereum has also dropped sharply, losing 11% in just a few hours.
Crypto has lost $150 billion in market value in the last 4 hours.
