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Why Bitcoin, Ethereum, and Solana Are Plummeting Today

·4 min read
Why Bitcoin, Ethereum, and Solana Are Plummeting Today
In this article:
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Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana's (CRYPTO: SOL) respective tokens were down roughly 5.7%, 6.8%, and 8.9% over the previous 24 hours of trading as of 4:30 p.m. E.T. After concerns about the impact from the coronavirus omicron variant prompted steep valuation pullbacks for most cryptocurrencies on Black Friday, investors seemed to have digested the risk. Investor appetite for risk is vacillating as we move toward the end of the year.