According to the results of the past week, the coins in the top 10 largest cryptocurrencies by market capitalization demonstrated a unanimous negative trend.
This week Bitcoin BTC
managed to tickle the nerves of investors. It started the new work week by updating its all-time high (ATH) above the $108,000 mark. However, the cryptocurrency then entered a correction. Initially, the market declined following the Fed meeting. After that, the coin started
was recovering but soon pushed the week's lows again, momentarily returning below $95,000. Read more: Why is Bitcoin falling today and when will the crash end? As a result, the coin failed to hold the $100,000 level. At the time of writing, the currency was trading, according to Coinmarketcap, around $96,290, with an intra-week decline of 6.62%.
The rate of the native coin of the Ethereum blockchain ETH
Unlike BTC, it ends the week with a more pronounced decrease of 14.44%. At the beginning of the week, Ethereum ETH
breaking above $4,000, but could not hold above the round level. At the time of writing, the token was trading around $3,333. Technical analysts at BeInCrypto state that bulls need a breakthrough of the key resistance level at $3,987.#2024withBinance #2024To2025 #2024Crypto
