The decline in major digital assets continues in the cryptocurrency market.
Elchi.az reports that Bitcoin, the market leader, has fallen by 1.01% in the last 24 hours, reaching $67,006.
Ethereum also decreased by 0.55% to $1,965. The price of XRP settled at $1.37, decreasing by 0.74% in the daily indicator. Solana fell by 2.37% in the last 24 hours, reaching $80. Dogecoin traded at $0.091, with a decrease of 0.23%. Unlike other major assets, BNB showed an increase of 0.39% in the daily dynamics, and its price was $613.
Tether (USDT) and USDC, which are stablecoins, remained stable around $1, showing no significant changes in the market.
Analysts explain the overall decline in the cryptocurrency market by the increase in uncertainty in global financial markets, the weakening of interest in risky assets, and investors’ shift to a more cautious position.