What's happening with the Cryptocurrency market?

The cryptocurrency market recorded this Monday, August 5, 2024, its biggest drop in market capitalization in the last 24 hours since January 2022.

Bitcoin falls more than 10%, with contamination from sell-off in Asian markets. Bitcoin is under pressure from a risk aversion in global markets, which resulted in the largest weekly loss of the largest digital asset since the collapse of the FTX exchange in 2022.

What is the trend of cryptocurrencies today?

Toncoin, Ethereum and Solana are the 3 biggest trending cryptocurrencies now.

In the last 24 hours, the price of $ETH changed -20.2% and $SOL changed -10.3%.