Ethereum Drops But Remains Above $1,800; Sandbox, Pepe Among Top Losers
Portfolio Pulse from Lisa Levin
Cryptocurrency prices fell on Tuesday, with Bitcoin dropping below $26,000 and Ethereum remaining above $1,800. The global crypto market cap declined by 4.4% to $1.08 trillion. Quant was the top gainer, while The Sandbox and Pepe were among the biggest losers.
June 06, 2023 | 1:39 pm
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NEGATIVE IMPACT
Bitcoin price fell below $26,000 on Tuesday, with a 4.5% decline.
The article reports a decline in Bitcoin price, which is likely to have a negative short-term impact on its value.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Ethereum price recorded losses but remained above the key $1,800 mark.
The article mentions Ethereum's price decline, which is likely to have a negative short-term impact on its value, but staying above the $1,800 mark may provide some support.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100