Bitcoin, Ethereum, XRP, Dogecoin Slide as 'Extreme Fear' Persists: Analyst Notes Half of BTC Circulating Network Now Sitting 'Underwater'
Leading cryptocurrencies reversed course on Tuesday amid negative sentiment in the market, but analysts believe the sell-off may have carved out a bottom. Bitcoin pulled back to about $58,000 after Monday’s surge, while 24‑hour trading volume ticked up slightly. Ethereum pulled back from $1,600 and traded around the $1,500 level, while XRP and Dogecoin slipped modestly.