The drawdown after the rebound: Bitcoin, Ethereum, Cardano, Solana, Polygon and Polkadot sell-off

Crypto markets have seen some volatility this week, with the price of Bitcoin dipping and spiking in the last few days.

Nov 17, 2023 - 06:53
The drawdown after the rebound: Bitcoin, Ethereum, Cardano, Solana, Polygon and Polkadot sell-off

Crypto markets have seen some volatility this week, with the price of Bitcoin dipping and spiking in the last few days. Following yesterday’s rally of 5%+, the market leader is down more than 3% on the day.

Ethereum is down almost 4%, trading a notch below the threshold of $2,000. Next-generation cryptos such as Solana, Polygon and Polkadot saw deeper drawdowns overnight. 

Yesterday’s Crypto AM Daily

In the Markets

The Bitcoin Economy

*Data can be found at https://terminal.bytetree.com/

Total crypto market cap