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Why Bitcoin, Ethereum, and Bonk Plunged Today

TheMotleyFool

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Why Bitcoin, Ethereum, and Bonk Plunged Today:

Volatility continues to be the name of the game in cryptocurrencies and today is no different. But unlike most of 2024, the market is working against investors today.

As of 1:45 p.m. ET, the value of Bitcoin (CRYPTO: BTC) has dropped 2.8%, Ethereum (CRYPTO: ETH) is down 5.2%, and Bonk (CRYPTO: BONK) has fallen 9.4%. The move was impacted by a long holiday weekend in parts of the world, but 24/7 trading in crypto kept market speculation moving.

Image source: Getty Images.

Source Fool.com

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