Crypto Market Crash: Why Algorand, Litecoin, Chainlink See Double-Digit Declines

What happened

Most major cryptocurrencies saw intense selling pressure Monday evening and into early Tuesday morning. Among the biggest losers over the past 24 hours were Algorand (CRYPTO:ALGO)Litecoin (CRYPTO:LTC) and Chainlink (CRYPTO:LINK). These tokens lost between 12% and 13% each, as of 9 a.m. EST Tuesday.

Investors may want to note, this wasn’t any old token-specific decline. Algorand, Litecoin, and Chainlink were merely among today’s…


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