Strong losses in the digital currency market

Cryptocurrencies See a Strong Decline

 

Cryptocurrencies have seen a sharp decline in the past few hours.

Bitcoin fell 2.3%, currently trading near $112,000,

 with expectations of a near-term decline.

Ethereum also declined, recording a decline

reaching $4,075.

Ripple fell to $2.68371, recording a decline

of more than 4.7% in the past 24 hours.

Solana also saw a sharp decline of 7.01%,

declining to $212.

The popular Binance Coin also saw a decline of more than 6%,

reaching near $985.

Cryptocurrencies are expected to rebound

after the current correction, especially since several currencies

have already approached strong technical buying zones,

 such as Solana,Bitcoin, and Riel.