According to SoSoValue, a sharp crypto market drop saw Bitcoin fall under $88,000 and Ethereum slip below $3,000, with widespread altcoin losses.
The cryptocurrency market experienced steep declines over the past 24 hours, with CeFi sector value down 5.06%. Bitcoin dropped 4% to below $88,000, while Ethereum fell 7.06% under $3,000. Although many altcoins registered double-digit losses, MX and River gained in value. The drop adds to recent volatility amid wider market pressures.