Crypto market Oct 12: top 10 drops 3.95%, Starknet plunges 17%
- —Top 10 cryptocurrencies fell 3.95% on average, with 9 of 10 in the red
- —Starknet plunged 17.28% ahead of an Oct. 15 unlock of 3.37% of supply
- —Solana dropped 4.58% after $24.8 million in net outflows from spot ETFs
- —A strong dollar and rising Treasury yields weighed on risk assets
Why it matters: Starknet's Oct. 15 token unlock could add further pressure on STRK, while altcoin weakness signals caution ahead of US CPI data.
Source: Bit2Me News