Bitcoin, Ethereum, Dogecoin Crash: Liquidity Crisis, Celsius Fallout Weigh On Crypto Market

Bitcoin, Ethereum and other major coins nosedived on Monday evening as the global cryptocurrency market cap fell below the psychologically important $1 trillion mark to $944.9 billion — a decline of nearly 12.5% intraday. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -15.7% -28.3% $22,460.32 Ethereum (CRYPTO: ETH) -16.4% -35.1% $1,204.60 Dogecoin (CRYPTO: DOGE) -15.65% -34.5% $0.05 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Fantom (FTM) +6.25% $0.24 Theta Network (THETA) +5.4% $1.15 Decentraland (MANA) +4.3% ​​$0.825 See Also:  How To Get Free NFTs Why It Matters: Risk assets were in freefall on Monday, with cryptocurrencies following the trajectory of stocks, which remained under pressure after the latest round of U.S. inflation data.