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Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign

Bitcoin dropped below the crucial weekly support of $32,500 as bears took control of the price action.

Cardano, Dogecoin, XRP fall 10% while key Bitcoin metric flashes a favourable sign

Cover art/illustration via CryptoSlate

Many traders fear that the bear market might officially be here after dropping more than 50% from all-time highs on average.ย  Several large-cap decentralized finance (DeFi) tokens, such as Badger, ThorChain, Alpha Finance, and others, have now fallen up to 85% from their 2021 highs.

And the rout continues.

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