Over the last 24 hours, the cryptocurrency market has mainly seen a decline in major assets.
“Elchi” reports that Bitcoin decreased by 2.80% to $68,570.03 in the last 24 hours, while Ethereum fell by 3.93% to $2,057.03.
Negative dynamics also prevailed in other major market assets. BNB decreased by 1.65% to $628.73, XRP fell by 2.27% to $1.36, Solana dropped by 3.95% to $86.44, and Dogecoin declined by 1.85% to $0.09212.
At the same time, relatively limited changes were recorded in some assets. Bitcoin Cash decreased by 1.22% to $463.89, and Cardano fell by 3.80% to $0.2547. In contrast to other assets, TRON decreased by 0.27% to $0.3149.
The observed decline in the cryptocurrency market is mainly attributed to investors taking a cautious stance on risky assets, increased selling pressure in global financial markets, and intensified profit-taking.