Crypto Price Crash Warning Issued After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, And Avalanche Go Into Free Fall


Bitcoin, ethereum and other dominant cryptocurrencies have fallen sharply, tumbling the bitcoin price back under the closely-watched USD 40,000 per bitcoin level.

The bitcoin price has bounced around $40,000 for most of 2022 as the bulls and the bears battle it out for control of the market. Meanwhile, the ethereum price has dropped under $3,000 per ether for the first time since mid-March.

The combined crypto market has lost almost $400 billion since early April, as top ten cryptocurrencies including Binance's BNB, Ripple's XRP, solana, cardano, luna and avalanche struggle—with analysts warning a "disaster in the financial markets" could push bitcoin under $30,000.

GCT Team

This article was researched and written by a GCT team member.