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Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next? Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?

Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?

Falling hashrate, death crosses, and altcoin plunges form the backdrop of the crypto market yesterday as China tightened its ban against cryptocurrencies.

Ethereum, BNB, XRP see big drops as Bitcoin hashrate falls. What’s next?

Cover art/illustration via CryptoSlate

Bitcoin and Ethereum prices took a big hit as major Chinese banks paused all crypto-related transactions.

The latest crackdown came weeks after local directives aimed at culling mining operations.

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