Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline

July 5, 2021 Editor Altcoin 0

Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline

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The crypto space saw choppy market conditions over the weekend as a crucial Bitcoin metric saw one of its biggest drops in history.

Rohan Jethi · July 5, 2021 at 2:00 pm UTC · 2 min read

Ethereum, altcoins ‘chop’ as crucial Bitcoin metric sees 28% decline

Bitcoin (BTC) jumped by almost 6% on Friday as mining difficulty dropped sharply.

However, that move almost entirely retraced over the weekend, with the price closing under $32,100 this morning.

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