A general decline has been observed across major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports.
According to the information, Bitcoin fell by 0.85% over the past 24 hours to $68,595.10, while Ethereum dropped by 2.55% to $2,057.95.
Negative dynamics were also recorded across other major assets. BNB decreased by 0.68% to $628.08, XRP fell by 1.94% to $1.38, Solana declined by 1.80% to $86.72, and Dogecoin dropped by 1.21% to $0.09065.
At the same time, limited growth was observed in some assets. Bitcoin Cash rose by 0.28% to $467.40, while UNUS SED LEO increased by 0.71% to $9.29. Among other major altcoins, Cardano declined by 2.48% to $0.2510, while TRON edged down by 0.01% to $0.3086.
It should be noted that the observed decline is mainly attributed to reduced risk appetite in global financial markets, short-term profit-taking by investors, as well as weak trading activity in the altcoin market and a cautious stance amid macroeconomic uncertainty.
