Bitcoin, Ethereum Drop After Whale Sells $2.7 Billion
Major cryptocurrencies dropped on Sunday after a large Bitcoin sale happened.
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A big investor sold 24,000 Bitcoin worth $2.7 billion on Sunday. This caused Bitcoin to drop quickly from $114,000 to $110,000. The sale made $562 million disappear from the market.
Bitcoin fell 2.18% to $112,839, Ethereum dropped 1.34% to $4,715, and Dogecoin fell 4.05% to $0.2278. The whole crypto market went down 2.14% to $3.92 trillion. Some analysts still think Bitcoin could reach $117,600 and Ethereum might hit $5,000 soon.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/08/47300556/bitcoin-ethereum-dogecoin-xrp-slip-after-whale-dumps-btc-worth-2-7-billion-eth-hits-record-