Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro Pressures

Altcoins have taken a hit over the past 24 hours, with major tokens seeing "outsized drawdowns" compared to Bitcoin. Experts say that this has largely been prompted by macro pressures pushing prices down. With the market cap of all cryptocurrencies dropping by 2.5% to $2.8 trillion, Ethereum dropped by 5.5% to a $289 billion market cap over the past 24 hours, XRP fell by 5.1% to $82.4 billion, and Solana slipped by 3.8% to $60.6 billion. Meanwhile, industry leader Bitcoin has slipped by 3.1% on...