(BTC) and most major altcoins sold off along with Global equity markets November 26, 2006. Markets were shaken by news that a coronavirus variant was discovered in South Africa. This is alarming scientists because it contains a large number mutations to the spike protein.

This sudden fall led to the liquidation of more than $750 million in cross-cryptos over the 24 hour period. funding rates across exchanges remain elevated. It is possible that sales are not over.