Altcoins Crushed as Bearish Sentiment Sweeps Crypto Markets

Tuesday turned ugly for crypto markets, with a broad wave of selling hitting altcoins across the board, led by Zcash (ZEC), which dropped 11%, World Liberty Financial’s WLFI, which was down 8%, and Ondo Finance (ONDO), falling 7%. The losses came against a backdrop of rising bearish sentiment in the crowd, which, according to blockchain analytics firm Santiment, has historically happened right before prices reb…