Arbitrum price faced the brunt of the bears as the cryptocurrency took the most damage. The resultant value of the altcoin has left its investors with severe losses that could take a while to recover.
Shiba Inu (SHIB) prices still on with the load-shedding exercise, increasing its steady stream of lower lows since the month started. With this downtrend, more and more SHIB holders continue to submerge, with the broader meme coin community currently enduring selling pressure.
Bitcoin (BTC) price indicates signs of an impending slump after losing a critical support level. The gloom has extended to Ethereum (ETH) and Ripple (XRP) prices, as the broader market downtrend becomes clearer now more than ever before.