‘Altcoins’ Lead Crypto Slide as Bitcoin Bounces Around $20,000
- Solana, Avalanche fall more than sector bellwether Bitcoin
- Contagion concern grows after the collapse of Three Arrows
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Cryptocurrency losses deepened, with popular Defi tokens such as Solana and Avalanche falling more than sector bellwether Bitcoin, as contagion concern mounts in the wake of the collapse of hedge fund Three Arrows Capital.