Why Cryptocurrencies Like Chainlink, Crypto.com Coin, XRP, and Algorand Are Plummeting Today
The cryptocurrency market is getting crushed in today's trading. Chainlink (CRYPTO: LINK), Crypto.com Coin (CRYPTO: CRO), Ripple's (CRYPTO: XRP) XRP token, and Algorand (CRYPTO: ALGO) were down 14.6%, 16.6%, 13.2%, and 13.9%, respectively, over the previous 24-hour period as of 5:30 p.m. ET on Friday. Meanwhile, Bitcoin had fallen 11.2% and Ethereum's ether token was down 15.5%, and the big sell-offs have quickly shaved more than $200 billion in value off the total combined cryptocurrency market.
