Crypto Market Slumps: Bitcoin Drops to $102K; Altcoins Take Plunge

The cryptocurrency market experienced a significant downturn this Monday morning as Bitcoin’s price fell from its daily high of $106,847 to around $102,203. Ethereum, XRP, and other altcoins followed suit, with Ethereum shedding over 3.85% and XRP declining by 3.2% in the past 24 hours. This downtrend has impacted the market cap, which decreased by 2.10% today, leading to a loss of over $67 billion.