Ethereum

Toncoin

Pyth Network

<ul class="news-points"> 
 <li><strong>The crypto market is experiencing a downturn, reports from Colin Wu suggest.&nbsp;</strong></li> 
 <li><strong>Ethereum showed a decline of over 4% at press time.&nbsp;</strong></li> 
 <li><strong>Total market liquidation has surged to $283 million, as per data from CoinGlass.</strong></li> 
</ul> 
<p>Reports from a Chinese crypto reporter, Colin Wu, suggest that the <a href="https://coinedition.com/market/">crypto market</a> has plunged “sharply” in the past hour. This was indicated by Ethereum falling by more than 4%.&nbsp;</p> 
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   <p lang="en" dir="ltr">The crypto market has fallen sharply in the past hour, with ETH falling by more than 4%, and 24-hour declines such as FLOW CRO APETHETA XTZ NEO TON KAVA PYTH all falling by more than 10%. In the last hour, the total liquidation exceeded $283m, and the liquidation of long orders…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1734042117608260094?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 11, 2023</a>
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<p>In addition to the Ethereum price drop of 4.9% at press time, several other major cryptocurrencies have reportedly taken a plunge. This includes <a href="https://coinedition.com/apt-1nch-ape-flow-cyber-set-to-undergo-new-token-unlocks/#:~:text=Source%3A%20TradingView)-,Flow%20(FLOW),-Unlike%20other%20cryptocurrencies">Flow</a> (FLOW), Cronos (CRO), Tezos (XTZ), Neo (NEO), Toncoin (TON), Kava (KAVA), and Pyth Network (PYTH). CRO seemingly saw a 24-hour decline of 9.8%, while <a href="https://www.coingecko.com/en/coins/flow" target="_blank" rel="nofollow">FLO</a> and <a href="https://www.coingecko.com/en/coins/neo" target="_blank" rel="nofollow">NEO</a> dropped by 10.8% and 10.1%, respectively.&nbsp;</p> 
<p>Meanwhile, FLOW’s token unlock is due in four days, which gives it time to reverse pric…</p>
<p>The post <a href="https://coinedition.com/crypto-markets-witness-downturn-ethereum-and-altcoins-experience-declines/">Crypto Markets Witness Downturn: Ethereum and Altcoins Experience Declines</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Crypto Markets Witness Downturn: Ethereum and Altcoins Experience Declines

Coin Edition

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