Why Major Altcoins Including XRP, XLM, and HBAR Are Facing a Significant Decline—A Bounceback Ahead?

CoinsProbe

2025-02-02 04:53:39

WHY-0,67%

MAJOR0,82%

XRP0,7%

XLM7,99%

Date: February 2, 2025 | 04:22 AM GMT The cryptocurrency market has seen a sharp downturn in the last 24 hours, with Bitcoin (BTC) dropping below the $100K mark and Ethereum (ETH) losing 5% of its value. This sudden sell-off has resulted in $532 million in liquidations, according to data from Coinglass. As a result, major altcoins have also suffered, with XRP (XRP), Stellar (XLM), and Hedera (HBAR) all declining by over 6%.

Source: Coinmarketcap What’s Behind the Downturn? A key reason behind t

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GateUser-f56cfc51

· 2025-02-02 04:59

Sit tight and hold on, To da moon 🛫

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