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Altcoins saw even deeper pullbacks during the same period, with the broad-market crypto market benchmark CoinDesk 20 Index declining over 6% with all twenty constituents being in the red. Ethereum’s ether (ETH) broke below $3,500 and was down 6.5%, while solana (SOL), dogecoin (DOGE), Cardano’s ADA and Chainlink’s LINK endured 6%-9% losses.
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- Source: https://www.coindesk.com/markets/2024/06/11/bitcoin-pullback-to-66k-triggers-250m-in-crypto-liquidations-as-traders-brace-for-wild-wednesday-of-fomc-cpi-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines