The technical breakdown erased earlier gains as DOT plunged through $2.19 support on heavy volume.
Polkadot’s DOT declines in U.S. afternoon selloff
The technical breakdown erased earlier gains as DOT plunged through $2.19 support on heavy volume.
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The sharp moves happened amid a relatively muted action in the broader crypto market, with bitcoin modestly up above $114,000.
Ether is the worst performer among the major cryptos, down more than 6% over the past 24 hours and tumbling below $3,000.
The GIC described cryptocurrency as "a speculative and increasingly popular asset class that many investors, nut not all, will seek to explore"
On Saturday, Stellar's XLM surged 6% to $0.3880, making it the top performer by percent change among the top 20 cryptocurrencies by market cap.