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Why Bitcoin, Ethereum, and Solana Are Plummeting Today

Keith Noonan, The Motley Fool
·4-min read
Why Bitcoin, Ethereum, and Solana Are Plummeting Today

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana's (CRYPTO: SOL) respective tokens were down roughly 5.7%, 6.8%, and 8.9% over the previous 24 hours of trading as of 4:30 p.m. E.T. After concerns about the impact from the coronavirus omicron variant prompted steep valuation pullbacks for most cryptocurrencies on Black Friday, investors seemed to have digested the risk. Investor appetite for risk is vacillating as we move toward the end of the year.

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