fell by as much as 6.5% on Tuesday, on track for its largest one-day drop in two weeks, as a wave of selling hit cryptocurrencies and other risk assets, such as stocks.
. In the last week, bitcoin has fallen by nearly 9%, set for its largest week-on-week decline since last September, while ether has lost 13% following an upgrade to the underlying ethereum network.Smaller tokens, known also as “altcoins”, have drawn in flows of their own. The solana network’s sol token has gained 19% in the latest week, while avalanche’s avax coin has risen by 17%, according to Coingecko.
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