• Fri. Nov 1st, 2024

Crypto Markets Drop on Disappointing U.S. Economic Data

May 10, 2024

Crypto markets fell sharply on Friday morning, reversing an earlier rally that had propelled the world's largest cryptocurrency to as high as $64,212 this week.

Bitcoin (BTC) is trading at $61,015 — down 2% in the last 24 hours. Ether (ETH) is down nearly 4%, with Dogecoin (DOGE) tumbling over 3.5%. Most digital assets in the CoinGecko top 100 posted losses.

BTC Price chart

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[Source: TheDefiant]

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