Altcoins have been selling off on Tuesday, with the likes of XRP, Dogecoin (DOGE), Cardano (ADA), Solana (SOL), Polkadot (DOT) and Polygon (MATIC) falling between 4-7% over the course of the last 24 hours.
The combination of a continued steady crawl higher in long-dated US government bond yields to fresh yearly highs, plus continued poor risk appetite in the US stock market with the S&P 500 now at more than one-month lows, is probably weighing on sentiment….
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