In the cryptocurrency market, a decrease in the prices of major assets has been mainly recorded over the last 24 hours.
elchi reports, citing “CoinMarketCap”, that Bitcoin’s price has decreased by 2.98% in the last 24 hours and is trading at 70,612 US dollars.
The market’s second largest cryptocurrency, Ethereum, has fallen by 2.92% to 2,073 dollars.
BNB’s price decreased by 1.62% in the last 24 hours, reaching 645 dollars.
Among other major assets, Bitcoin Cash’s price decreased by 1.02% to 458.81 dollars, Monero’s price decreased by 0.76% to 361.42 dollars, and Zcash’s price decreased by 4.32% to 227.41 dollars.
Meanwhile, Bittensor (TAO) token’s price, contrary to market trends, increased by 1.10% to 189.05 dollars.
The overall market dynamics indicate a weakening of investors’ risk appetite. Nevertheless, the continued weekly increase in some assets suggests that selective demand still remains in the market.