Bitcoin dropped 15% in 24 hours today, falling below $40,000 for the first time since March 15. Meanwhile, Ethereum dipped 14%, finding itself beneath the $3,000 mark for the first time since March 23.
It’s part of a larger trend, with crypto markets tumbling 8.5% in the span of 24 hours to hit a market cap of $1.84 trillion, according to CoinMarketCap.
If you’re looking for plausible answers as to why, it’s worth checking out the equities markets. The S&P 500, an index of 500 top publicly…
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