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Cryptocurrency Decline: Key Digital Assets Lose Value

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by Giorgi Kostiuk

4 hours ago


On March 10, the cryptocurrency market experienced a sharp decline, with major digital assets recording notable losses. According to CoinMarketCap data, many cryptocurrencies saw significant downturns.

Current Market Overview

As reported by CoinMarketCap at 1:00 PM KST, Bitcoin (BTC) dropped by 4.62% to $82,185.22. Ethereum (ETH) fell by 5.69% to $2,060.82. XRP (XRP) also declined by 6.20%, trading at $2.17.

Major Cryptocurrencies Fall

Other major cryptocurrencies followed suit. Dogecoin (DOGE) saw a 9.72% drop, reaching $0.1724, while Solana (SOL) decreased by 7.83% to $127.09. Avalanche (AVAX) suffered a 10.13% decline, falling to $18.25. Shiba Inu (SHIB) lost 3.46%, trading at $0.00001214, and Aptos (APT) fell by 5.48% to $5.60. Meanwhile, Pi (PI) recorded one of the largest drops, plunging 13.58% to $1.39.

Exceptions to the Trend

Despite the overall market downturn, Story (IP) emerged as the best-performing cryptocurrency of the day, rising 8.25% compared to the previous day. In contrast, JasmyCoin (JASMY) recorded the most significant loss, falling by 14.40%.

Despite the overall downturn in the cryptocurrency market, some assets showed gains, highlighting the complex and volatile nature of digital currencies.

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