Ethereum and XRP slide 6-7% as altcoin market sheds $50B in three days
- —Altcoin market cap fell $50B in three days amid Bitcoin's deepening pullback
- —ETH dropped 6% below $2,620, losing a key September support level
- —XRP fell from $1.50 to $1.38, a decline of 7.3%
- —Altcoin Season Index and Crypto Fear and Greed Index both returned to neutral
Why it matters: The next move for ETH and XRP hinges on US CPI data and the Fed's rate decision later this month.
Source: AMBCrypto