Ether, the second largest crypto by market capitalization was changing hands at $1,843, off 1.3%. Other major cryptos, which spent much of Wednesday in the red, moved more deeply into negative territory. And Litecoin (LTC) recently plunged more than 5%, despite the token’s anticipated halving event, which cut miners rewards in half, curbing the issuance of new tokens. Decentralized exchange Uniswap’s UNI token was off more than 7.5%, while SOL and ADA, the native cryptos of the smart contracts platforms Solana and Cardano, were down more than 2.5%.
Source: https://www.coindesk.com/markets/2023/08/03/first-mover-asia-bitcoin-turns-range-bound-again-amid-an-absence-of-fresh-capital-altcoins-dip-further-into-red/?utm_medium=referral&utm_source=rss&utm_campaign=headlines