Over the past week, the cryptocurrency market experienced significant volatility, resulting in a loss of approximately $190 billion in market capitalization.
Bitcoin News This downturn was marked by substantial price declines across major digital assets.
Bitcoin (BTC), the leading cryptocurrency, saw its price drop by $10,000 over a two-day period, reaching a multi-week low of around $61,000.
CryptoRank However, as the weekend approached, the market exhibited a modest recovery, posting a 2.2% gain over the preceding 24 hours.
Currently, Bitcoin is trading at $102,378, reflecting a slight decrease of 1.81% from the previous close.
Bitcoin (BTC)
$102,378.00
-$1,887.00(-1.81%) Today
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently priced at $3,218.67, down 1.27% from the previous close.
Ethereum (ETH)
$3,218.67
-$41.29(-1.27%) Today
Binance Coin (BNB) stands at $689.94, experiencing a 0.58% decrease.
BNB (BNB)
$689.94
-$4.04(-0.58%) Today
XRP is trading at $3.14, down 0.63%,
XRP (XRP)
$3.14
-$0.02(-0.63%) Today
and Cardano (ADA) is at $0.964819, reflecting a 2.23% decline.
Cardano (ADA)
$0.96
-$0.02(-2.23%) Today
Despite the recent downturn, the market is showing signs of a fragile comeback. Analysts suggest that this recovery may be influenced by various factors, including macroeconomic developments and investor sentiment. However, the market remains cautious, and it is yet to be seen whether this upward trend will be sustained in the coming days.
