Crypto
Bitcoin and altcoins slide after a hot month
Crypto pulls back across the board even as the market’s longer trend stays strong.
Crypto gets hit across the board. Bitcoin falls 3.2% to 77,690.77, Ethereum drops 2.8% to 2,439.14, Solana loses 4.8% to 103.95, and XRP slips 4.8% to 1.3832. BNB and Dogecoin also finish lower.
The pullback comes after a strong run. Bitcoin is still up 19.7% over the last month, Ethereum is up 27.5%, Solana is up 41.2%, and XRP is up 35.5%.
The total crypto market cap falls 4.8% to $2.6T. Bitcoin dominance stays at 59.0%, with Ethereum at 11.1%.
Crypto-linked headlines stay busy, including CoinDesk coverage of XRP Ledger prep for quantum computers, Solana’s vote to double disinflation, and a broader debate over regulation and bank participation. But today’s price action is simply risk-off across the board.