Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K

23 Feb 2021

Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K

Altcoins and DeFi sell-off after Bitcoin’s 17.6% correction below $50K In the early morning trading hours Bitcoin (BTC) price abruptly dropped by 17.65% which triggered a major downturn throughout the entire market.Data from Cointelegraph Markets and TradingView shows that Bitcoin decreased from a high of $58,274 on Feb. 21 to a low of $47,622 during the early hours on Monday before buyers returned to lift BTC to its current value of $53,350. Daily cryptocurrency market performance. Source: Coin360BTC/USDT 4-hour chart. Source: TradingViewBTC/USD daily chart. Source: Coin360

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