The crypto market turned lower on Friday morning amid reports that dormant whales from the 2011 era began moving billions of dollars worth of Bitcoin.
Bitcoin (BTC) retraced 1.8% over the past 24 hours, trading around $107,896 as of early Friday, unable to reclaim the $110,000 level yet again. Ethereum (ETH) fell 3.8% to $2,513, while Solana (SOL) and XRP (XRP) both lost nearly 3%, dropping to $148 and $2.20, respectively.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io