The crypto market experienced a significant decline today, with the global market cap dropping by 4.86% to $3.42 trillion.¹ Bitcoin's price fell by 4.49% to $97,526.15, while Ethereum's price decreased by 6.29% to $3,470.26.²
Several top cryptocurrencies saw notable price drops, including:
- *Bitcoin*: -4.49% to $97,526.15
- *Ethereum*: -6.29% to $3,470.26
- *Tether*: +0.10% to $1.00
- *XRP*: -4.43% to $2.33
- *BNB*: -2.78% to $710.73
The market's decline was likely driven by a combination of factors, including market volatility and investor sentiment. Despite this downturn, some cryptocurrencies, like Bitget Token, saw gains, with a 4.57% increase to $6.47.