Leading cryptocurrencies cracked alongside stocks on Tuesday, after a sharp decline in chip-related stocks cast doubts on the sustainability of the AI rally.
Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m.
EDT)Bitcoin (CRYPTO: BTC)-2.01%$62,818.32Ethereum (CRYPTO: ETH) -3.58%$1,668.90XRP (CRYPTO: XRP) -1.98%$1.10Solana (CRYPTO: SOL) -2.83%$69.91Dogecoin (CRYPTO: DOGE) -4.24%$0.07900 Crypto Market Sinks Deeper Bitcoin dropped below $62,000 amid heavy selling, while Ethereum bulls failed to defend the support at $1,700.
XRP and Dogecoin recorded sharp declines as well.
Cryptocurrency-related stocks also tumbled, with Strategy Inc.
