Chaos in crypto, hard blows for Bitcoin and Ethereum

Blood on the wall and chaos for Bitcoin, Ethereum and many more crypto. It’s red days.

If you thought the drop that started yesterday was a minor correction, you were wrong. Once again, several cryptocurrencies have fallen sharply. How about a more than 20 percent drop for Solana, nearly 15 percent in the red for Ethereum and nearly 10 percent for Bitcoin. The state of affairs.

If you are afraid of a decline and just looked at the price just before going to sleep yesterday, then there is a good chance that you did not have a good night’s sleep. The latter should actually not be allowed, because only invest or trade with money that you can lose! That prevents a lot of stress. Last night around 11 am, another decline started and continued throughout the night.

Bitcoin chaos and more

The price is still falling if you look at the development of Bitcoin on Coindesk. For a moment, the currency even threatened to plunge below $35,000. The day is still long, so don’t be surprised if this new wall is indeed broken. And then you have to look further down again. The negative sentiment is reflected in all currencies. It really didn’t matter which crypto you own. Earning money from an investment was not possible in the past 24 hours.