- Bitcoin is holding on the $56,000 worth stage, down 4% over the previous week.
- Litecoin (LTC) rose 1%, whereas DOT fell 0.17%.
- Whereas FET fell 4.8%, the altcoin is up 328.62% since September 2023.
Bitcoin (BTC), the world's main cryptocurrency, has fallen to the $56,000 worth stage amid rising bearish strain within the digital asset market. Altcoins have additionally skilled vital declines, inflicting tens of millions of {dollars} in losses within the cryptocurrency sector.
Bitcoin and Altcoin Worth Evaluation
On the time of writing, Bitcoin was buying and selling at $56,523.81, down 1% prior to now 24 hours, based on knowledge from CoinMarketCap. The market chief has fallen 3.94% prior to now week and 1.16% prior to now 30 days.
Nonetheless, whereas BTC has risen 119.63% since September 2023, it stays 23.31% beneath its all-time excessive of $73,750. Moreover, Bitcoin’s market cap is at present at $1.113 trillion, with a market share of 56.2%.
Litecoin (LTC) has fallen 1.27% over the previous 24 hours and is buying and selling at $65.97 at press time. At the moment the 18th largest cryptocurrency by market cap, LTC has a buying and selling quantity of $413 million and a market capitalization of $4.9 million.
The publish Bitcoin Worth Drops to $56,000, Altcoins Observe: Market Replace appeared first on Coin Version.
