Weakness in the top cryptocurrency led to a broader fall in the crypto market. In the past 24 hours, ether (ETH), Solana’s SOL, and XRP fell 5%, while Avalanche’s AVAX and Polkadot’s DOT fell over 6%. Dogecoin’s DOGE was the only gainer among majors, buoyed by optimism around Elon Musk’s appointment to the board of social media platform Twitter (TWTR), which is being viewed as a positive sign for the memecoin.
Source: https://www.coindesk.com/markets/2022/04/06/bitcoin-slumps-to-45k-amid-hawkish-fed-buying-activity-remains-positive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines