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The chaotic process continues in the cryptocurrency industry. The leading cryptocurrency Bitcoin (BTC) fell to $ 77,500 today, while the leading altcoin Ethereum fell to $ 1,800 (ETH). It has recovered somewhat with the progress of the process in 2 crypto assets.
Many cryptocurrency investors are wondering why crypto assets suddenly declined after the rises in the morning hours. Today, the main reason for the decline of Bitcoin and altcoins is the US stock markets.
The US stock markets, which have made very serious declines in the last 24 hours, have erased 1.75 trillion dollars as of today. The crash in the U.S. stock market has also affected the crypto industry