Key takeaways
- Bitcoin (BTC) dropped 5.65% to $75,880.60, while Ethereum (ETH) tumbled 7.80% to $2,233.79.
- Solana (SOL) declined 6.22% to $89.55, as investors retreated from riskier assets and erased much of Wednesday's post-election recovery.
- Of the key funds, iShares Bitcoin Trust ETF (NASDAQ: IBIT) fell 5.07%, Fidelity Wise Origin Bitcoin Fund (NYSEMKT: FBTC) fell 4.93%, and iShares Ethereum Trust ETF (NASDAQ: ETHA) fell 7.25%.
Cryptocurrency markets suffered steep losses on Thursday as a broad sell-off across Wall Street spilled into digital assets, triggering renewed selling pressure. Bitcoin (BTC) dropped 5.65% to $75,880.60, while Ethereum (ETH) tumbled 7.80% to $2,233.79.
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