As reported by Coindesk, major cryptocurrencies including ETH, XRP, SOL, and ADA fell between 8–16% over the past week, with Bitcoin slipping below the $100,000 level to $96,600. The decline follows a broader risk-off sentiment triggered by U.S. tech stock reversals and fading institutional confidence. Ether dropped 12% weekly to $3,182, Solana fell 16.5% to $140, and XRP declined 8.8% to $2.25. Research firm 10x noted the market has entered a bear phase, with ETF inflows slowing and long-term holders offloading assets. Technical analysis suggests further downside risks for Bitcoin if support at $93,000–$95,000 is breached.
Major Cryptocurrencies Drop 8–16% in a Week Amid Market Weakness
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