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- Ethereum fell as much as 7% and bitcoin fell 3% in under 30 minutes early Wednesday.
- Altcoins are taking hits too, with solana and polygon down 8% and 5%, respectively.
- It's unclear what led to to the sell-off, but markets have been sensitive to signs of central bank tightening.
Ethereum dropped as much as 7% on Wednesday amid a broader crypto market sell-off as traders navigate a murky environment.
Bitcoin fell almost 3% in under 30 minutes early this morning, according to Messari. Meanwhile, altcoins are taking hits too, with solana and polygon down 8% and 5%, respectively.
Although it's unclear what exactly led to the downtrend in prices, markets have been sensitive to signs of central bank tightening.